CASS expects slight slowdown in Chinese economy

China Academy of Social Sciences (CASS), which advises the government, sees a slight slowdown in the fourth quarter economic activity, although with a normal and stable range.

It predicts a growth rate of 6.6% in fourth quarter and 6.7% for 2016. Wang Hongju, senior researcher, said China is likely to have sustainable economic development as long as there is stable local demand and continued supply side reforms.  

China Press: China should allow larger moves in the yuan

Ba Shusong, China Banking Association's chief economist, and PBOC staffer Ju Shan wrote in a report in the Shanghai Securities News, as cited by MNI,
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EUR/USD Intermarket: Supported by EUR/GBP rally

The four-day winning streak in EUR/USD from the low of 1.1123 (Sep 21 low) contradicts the slide in the German yields and more importantly resurgence
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