Financing data to come from China this week

Author: Eamonn Sheridan | Category: News

Data for October -  growth expected but down from September 

  • Aggregate financing RMB for October, expected is 950bn, prior was 22.72.5bn
  • New yuan loans, expected is 800bn, prior was 1690bn
  • Money supply M0, M1 and M2 also expected  
Data is due sometime from today through to the 15th. 

Higher than expected should indicate more stimulus in China that expected, and vice versa. More will be perceived as a positive inout to China proxy trades (eg. AUD).

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