menu search

China November M2 money supply +12.4% vs +11.7% y/y expected

China November M2 money supply +12.4% vs +11.7% y/y expected
  • Prior +11.8%
  • New yuan loans ¥1.21 trillion vs ¥1.35 trillion expected
  • Prior ¥0.61 trillion

The increase in new yuan loans is a welcome development as we look towards a broad-scale re-opening of business activity in China. Overall, broad money conditions are still holding up - pointing to the continued support by the government in aiding the market recovery.

This article was written by Justin Low at www.f... Read More
Posted: Dec 12 2022, 08:19
Author Name: forexlive
Views: 111712

Search within

Pages Search Results: