Inflation in China has risen to a 28-month high, sparking warnings of new interest rate rises.
The inflation rate, measured by the consumer price index, rose 5.1% year-on-year in November, an increase that was above market expectations.
On Friday, China had reported much stronger than expected export growth in November, adding to inflation fears.
Inflation has in the past caused unrest in China, where poor families spend up to half their incomes on food.
The government has said it will take strong action against anyone found to be manipulating food prices.
It has taken a number of measures to try to tighten its monetary policy and boost the supply of key goods.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
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