Chinese M2 Money Supply YoY (Mar) Y/Y 8.5% vs. Exp. 8.9% (Prev. 9%)
The March M2 Money Supply data from China showing a year-over-year increase of 8.5% misses expectations of 8.9% and marks a decline from the previous 9%.
Volkswagen (VOW3 GY) Q1 vehicle deliveries -4% Y/Y at 2.05mln vehicles
Chinese New Yuan Loans (Mar) 2990B vs. Exp. 3400B (Prev. 900B)
Chinese M2 Money Supply YoY (Mar) Y/Y 8.5% vs. Exp. 8.9% (Prev. 9%)
Pakistani, Egyptian and Turkish mediators will continue talks with the US and Iran in the coming days, aiming to help close the gaps between US-Iran, Axios reports citing sources; all parties believe a deal is possible
CPC’s oil exports rose 48% in March from February to 1.58mln bpd, boosted by recovery at the Tengiz field, according to sources cited by Reuters
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This slowdown suggests potential cooling in liquidity which could influence both domestic demand and broader economic activity. Market participants should consider the implications for China's growth outlook and any subsequent impact on global risk sentiment and commodity prices.
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