Britain’s Office for National Statistics (ONS) said on Thursday it intends to begin using CPIH as its preferred gauge of British inflation, a measure that includes more housing costs, from March 2017. CPIH does not measure house prices or mortgage payments. Source: Reuters
French Leftist firebrand Jean-Luc Mélenchon has broken new ground on social media by broadcasting a police raid on his political headquarters from his mobile phone. A furious Mr Mélenchon, head of France Insoumise (France Unbowed), filmed as eight police officers searched the party headquarters early on Tuesday, which he slammed as an attempted “coup de force” against his party “to scare and intimidate us”. Source The Telegraph
China and the Netherlands on Monday pledged to jointly safeguard multilateralism and free trade by carrying out more open and pragmatic cooperation, against the backdrop of a complicated international situation with increasing uncertainties. Source: Xinhuanet
China’s moves to boost liquidity in an effort to safeguard economic growth are eroding the country’s yield premium over the U.S., putting “renewed pressure” on the yuan, according to Citigroup Inc. Source: Bloomberg
