Economic calendar due from Asia today (China LPR setting)

Author: Eamonn Sheridan | Category: News

China sets the one and five year loan prime rates today, due at 0130 GMT 

The LPR is set in reference to the rate on the PBOC's medium-term lending facility (MLF), its a lending reference rate set monthly by 18 banks.

At the previous monthly setting :
  • 1 year loan prime rate was set at 3.85% 
  • 5-year LPR at 4.65%
There are no expectations of any change today.

Also on the data agenda today:
2301 UK Rightmove house prices for September, 
  • prior -0.2% m/m and +4.6% y/y
0300 GMT New Zealand electronic card spending data for August
  • prior +1.8% and -5.8% y/y

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