China rate cuts remain short of expectations, focus on jackson hole, brics

The week starts with weak appetite as Chinese banks cut loan rates less than expected; the 1-year LPR was cut by 10bp to a record low versus ...

August 21, 2023, 6:21 am

China cuts 1-yr lpr moderately, keeps 5 yr lpr unchanged

In a somewhat anticipated move, China’s PBoC made a cut to its one-year loan prime rate by 10bps, settling it at 3.45%. This is a slight deviation f...

August 21, 2023, 3:58 am

Pboc loan prime rates (lpr) cut: 1-year 3.45% (prior 3.55%) & 5 year 4.2% (prior 4.20%)

A cut to the one-year rate of 10bp vs. 15 that was widely expected. And no cut to the 5 year rate at all. Thats a shock. ---Background to this is here...

August 21, 2023, 1:15 am

Goldman sachs expect 15bp rate cuts from the people's bank of china today

The People's Bank of China will be cutting loan prime rates today, from earlier:Economic calendar in Asia - People's Bank of China rate decision dueLa...

August 20, 2023, 9:54 pm

Forecast for two 15bp rate cuts to come from the people's bank of china on monday

I posted earlier on the Loan Prime Rate setting coming up from the People's Bank of China on Monday:People's Bank of China is expected to cut loan rat...

August 18, 2023, 3:24 am

Oil price latest: market slips lower on china slowdown fears

China cut its one-year lending rate by 15bps to 2.50% today, sparking fears that the Chinese economy is...

August 15, 2023, 2:07 pm

China’s surprise cut won’t be enough

China surprised by cutting its one-year medium-term lending facility (MLF) rates by 15bp to 2.50% today...

August 15, 2023, 6:42 am

Rba expected to keep hiking

The RBA is set to meet tonight (or tomorrow, depending on where you’re located in the world), and raise rates by another 25bps to 3.60%. That is acc...

March 6, 2023, 12:19 pm

Cash rate in australia seen at 3.85% by end of june (poll) and held there until end-2023

Reuters poll of analysts ahead of the Reserve Bank of Australia meeting next week, Tuesday March 7 at 2.30pm Sydney time:

• statement due ...

  March 3, 2023, 12:17 am

Currency pair of the week: aud/usd

The Reserve Bank of Australia meets on Tuesday this week at its February Interest Rate Decision meeting. Prior to the most recent release of the CPI d...

February 7, 2023, 4:43 am