China financing data is expected to be lower in April than in March
- The data is out sometime this week or even perhaps Monday (10th to the 15th)
- There is no firm date/time China sets for these
- I suspect later rather than sooner
Here is what's coming:
- April new yuan loans (CNY, or RMB if you prefer), expected is 815.0bn, prior was 1020.0bn
- Aggregate financing RMB, expected is 1150.0bn, prior was 2118.9bn
- Money supply M0 y/y: expected is 6.8%, prior was 6.1%
- Money supply M1 y/y: expected is 17.3%, prior was 18.8%
- Money supply M2 y/y: expected is 10.8%, prior was 10.6%
'Aggregate financing' is the total, its expected to have dropped back a bit for April from March.
