Chinese New Yuan Loans (Mar) 2990B vs. Exp. 3400B (Prev. 900B)
The March print of new yuan loans significantly missed expectations, coming in at 2990B compared to the 3400B forecast, albeit up from the previous 900B.
Chinese Outstanding Loan Growth YoY (Mar) Y/Y 5.7% vs. Exp. 5.9% (Prev. 6.0%)
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
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 large miss suggests tighter credit conditions, which could imply slower economic growth as liquidity may not be supporting the expected demand. Traders should consider the implications for monetary policy and overall economic sentiment in China, as this data point may affect risk appetite in the broader markets.
Related headlines
- Chinese Imports YY (CNY)(Aug) 21.7% (Prev. 21.2%)1 day ago
- Chinese Exports YY (CNY)(Aug) 18.6% (Prev. 17.8%)1 day ago
- Japanese Money Supply M2 YY (Aug) 2.0% (Prev. 2.1%)22 hours ago
- Australian NAB Business Conditions (Aug) -1 (Prev. 4)1 day ago
- New Zealand Manufacturing Activity volume QQ (Q2) 0.8% (Prev. 3.6%)1 day ago
- New Zealand Manufacturing Activity QQ (Q2) 3.1% (Prev. 2.8%)1 day ago
- Swedish CPI Prel (Aug YY) 0.3% vs. Exp. 0.6% (Prev. 0.2%)2 days ago
- Swedish CPI Prel (Aug MM) -0.3% (Prev. -0.3%)2 days ago
- New Zealand Volume Of All Buildings SA QQ (Q2) 4.8% vs Exp. 1.0% (Prev. -3.5%)5 days ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- China's Commerce Ministry says China firmly opposes the US' cybersecurity announcements related to Chinese AI companies, calling the allegations baseless8 hours ago
- Newsquawk Daily US Opening News - 9th September 202612 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202616 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war18 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates19 hours ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)20 hours ago
- Chinese CPI (Aug MM) 0.4% vs. Exp. 0.3% (Prev. -0.1%)20 hours ago
- Chinese PPI (Aug YY) 3.8% vs. Exp. 3.7% (Prev. 3.5%)20 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program20 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)20 hours ago
The whole workspace, free to try.
Try it free