Concerns over Chinese Economic Outlook Weighed on Sentiment

Following a much weaker than expected trade report, China's inflation report surprised to the upside. Headline CPI accelerated to +1.9% y/y in September, from +1.3% a month ago. The market had anticipated a milder improvement to +1.6%. PPI returned to inflation, gaining +0.1% y/y, last month, from -0.8% in August. China's trade surplus narrowed to US$42B in September, down from US$52.1B in the prior month.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/concerns-over-chinese-economic-outlook-weighed-on-sentiment-2016101433711/