Heads up for China data due today or over the weekend maybe - credit creation

Author: Eamonn Sheridan | Category: News

There is no firm time nor date for this, best I have is sometime before on on January 15

December data for: 

New yuan loans
  • expected CNY 1000.0bn, prior 1120.0bn
Aggregate financing
  • expected 1500.0bn CNY, prior 1600.0bn
Also:
  • Money supply M0, M1
  • and M2 (expected +9.2% y/y, prior +9.1%) 
Nomura say they are expecting mild declines in new RMB loans and aggregate financing, citing seasonal factors
And for M2 growth - should rise modestly in December, boosted by a favourable base effect.