After weaker than expected trade figures, growth targets set by China’s central planners were hit in the latest GDP release. Quarterly growth was recorded at 1.80% with annualized expansion pegged at 6.70%. While industrial production was slightly weaker, retail sales and fixed asset investment continue to tick higher on an annualized basis. The major move was in the offshore Yuan which fell to a record low versus the US dollar. Meanwhile, accommodative policy measures are paying dividends for other countries and regions, with Euro Area consumer prices rising at the fastest pace since October of 2014 while UK inflation is trending at the highest levels last seen in November of the same year. Meanwhile, headline CPI in the United States climbing to heights experienced around the same period in 2014 is giving further credence to the idea of a 2016 rate hike, likely in December. This renewed confidence saw the US dollar continue to rise for a third straight week, increasing to levels reached back in January. Helping this climb was substantial weakness in the Euro which fell after the ECB announced it was planning no tapering before the expiration of its current asset purchase program.