More data from China due today - financing numbers

Author: Eamonn Sheridan | Category: News

Data on the way later today (not certain but today is likely) from  China Banking and Insurance Regulatory Commission

January data:
  • Total aggregate financing: expected is 3307bn, prior was 1589.8bn 
  • July new yuan loans, expected 3000bn, prior was 1080n
  • Money supply M0 y/y: expected 10%, prior was 3.6%
  • Money supply M1 y/y: expected 1.9%, prior was 1.5% 
  • Money supply M2 y/y: expected 8.2%, prior was 8.1%
China's credit supply follows a usual seasonal pattern, hence to the jumps expected for 
January
  • new yuan loans expected at 3,000bn RMB would be the biggest ever monthly result, due to PBOC directed liquidity easing measures from the central bank



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