Fed raises September rate hike odds to 70% after PPI data shows 5.4% inflation increase. Prior to this, traders had a 65% chance of a 25-basis-point hike. CME Fed Funds futures now price in 70%. #Fed #InterestRates #Inflation #PPI

China's "15th Five-Year Plan" for financial sector development is here! The People's Bank of China released the plan, along with nine supporting action plans, to boost its financial power over the next five years. #China #Finance #FiveYearPlan #PBOC

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