Due this week (well, maybe ... some time between today and next Tuesday (the 10th to the 15th of August) is key Chinese financing data for July:
New yuan loans RMB
- expected 800bn, prior was 1540bn
Aggregate financing RMB
- expected 1000bn, prior was 1780bn
These are the two important ones, and as you can see expectations are for a winding back in credit. Let's see how that works out.
Also:
Money supply M0 % y/y
- expected 6.5%, prior was 6.6%
Money supply M1 % y/y
- expected 14.0%, prior was 15.0%
Money supply M2 % y/y
- expected 9.5%, prior was 9.4%