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ECB's Praet: Impact of oil price fall on inflation not temporary

FXStreet (Bali) - ECB chief economist Praet, in a newspaper interview , said that impact of oil price fall on inflation is not temporary, adding that ECB must stick to goal of lifting inflation close to 2% in medium term.

China trade is welcome news; expect steady 6.9% Q4 GDP next week - TDS

Annette Beacher, Chief Asia-Pac Macro Strategist at TD Securities, suggests that China trade for December pleased the markets with the CNY version showing a surprise bump in exports (+2.3%, mkt - 4.1%) and a lesser fall in imports than expected (-4.0%, mkt -7.9%).
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