Katie Holliday is a Writer with CNBC.com, covering a range of topics including global macro-economic news, market developments and corporate news. Before joining CNBC, Katie was a senior asset management correspondent at Investment Week in London. Katie holds a Bachelor's degree in English Literature from Southampton University.
Currency war rhetoric, left for dead after the G-20 summit last month, could resurface as another major central bank eases monetary policy, pummeling its currency lower, one analyst said.
China reported relatively benign manufacturing data on Wednesday, but analysts said the real story was the substantial fall in new factory orders, which they believe has the potential to trigger stimulus action from the government.
Just last week, the yen looked set to weaken beyond 100 per dollar, now analysts say the currency's fall may have bottomed out.