Chinese Loan Prime Rate 5Y (Feb) 3.5% vs. Exp. 3.5% (Prev. 3.5%)
The Chinese Loan Prime Rate (LPR) for 5-year loans remains stable at 3.5%, aligning with expectations and the previous figure.
[MARKET UPDATE] Copper futures (+1.5%) rallied at the turn of the hour amid the reopen of Shanghai commodities trade as the red metal's largest buyer returns from the holiday closure
Chinese Loan Prime Rate 1Y 3% vs. Exp. 3% (Prev. 3%)
Chinese Loan Prime Rate 5Y (Feb) 3.5% vs. Exp. 3.5% (Prev. 3.5%)
Chinese Loan Prime Rate 1Y (Feb) 3.00% vs. Exp. 3.00% (Prev. 3.00%)
Chinese Loan Prime Rate 5Y (Feb) 3.50% vs. Exp. 3.50% (Prev. 3.50%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This steadiness indicates no immediate shifts in China’s monetary policy stance, suggesting the authorities may be maintaining their approach amidst ongoing economic challenges. Traders should monitor for future data releases that could signal shifts in economic momentum or policy changes.
Related headlines
- Chinese Finance Ministry is to set a 20% tax level on foreign individuals' dividend income2 days ago
- Japan's Top Currency Diplomat Mimura says they continue to stand ready on FX; declines to comment on if rate checks were conducted3 hours ago
- Japanese Finance Minister Katayama says no direct requests to do anything has been given from US Treasury Secretary Bessent3 hours ago
- South Korean Finance Minister is to reportedly hold a market review meeting on Friday, reports suggest4 hours ago
- Japan's government is reportedly looking to convene an extraordinary Diet session in early October, Asahi reports; expected to focus on consumption tax cuts and a reduction in the number of seats5 hours ago
- Japan Chief Secretary Kihara says there has been no change to PM Takaichi government policies about attaining a strong economy and fiscal sustainability5 hours ago
- Japan's GPIF’s unusual August management committee meeting has fuelled speculation it may raise its 25% domestic bond allocation target, Bloomberg reports5 hours ago
- Taiwan cabinet approved a TWD 607.6bln supplementary budget8 hours ago
- US Treasury Secretary Bessent says "I know what the Japanese are planning on doing".18 hours ago
- China proposed consolidating three local levies into a single “local surtax” with an 11-13% rate set by provincial governments, CCTV reports1 day ago
- US Treasury Secretary Bessent says Abenomics was reflationary and that Japan can sit back and enjoy1 day ago
- Japanese Chief Cabinet Secretary Kihara says he is closely watching market moves2 days ago
- South Korea's budget minister notes South Korea plans a 2027 budget of KRW 821tln2 days ago
- China’s MOFCOM targets around CNY 60tln in total retail sales of consumer goods by 20303 days ago
- Japanese government to request JPY 143tln for the budget (general account) in FY27, Nikkei reports citing sources3 days ago
- China to seek public opinion on draft local surtax law, Xinhua reports 6 days ago
- China’s Commerce Ministry says it urges the US to immediately correct "erroneous practices" and lift Iran-related sanctions against relevant Chinese companies5 hours ago
- Newsquawk Daily European Equity Opening News - 3rd September 20267 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased9 hours ago
- Chinese RatingDog Composite PMI (Aug) 52.1 (Prev. 50.8)10 hours ago
The whole workspace, free to try.
Try it free