Chinese Outstanding Loan Growth YoY (Feb) Y/Y 6.0% vs. Exp. 6% (Prev. 6.1%)
The February outstanding loan growth in China came in at 6.0%, in line with expectations but slightly below the previous 6.1%.
South Korean Finance Minister Koo says KRW volatility is being watched carefully and are ready with policy tools
Chinese New Yuan Loans (Feb) 900B vs. Exp. 979B (Prev. 4710B)
Chinese Outstanding Loan Growth YoY (Feb) Y/Y 6.0% vs. Exp. 6% (Prev. 6.1%)
Chinese Total Social Financing (Feb) 2380B vs. Exp. 2130B (Prev. 7220B)
Chinese M2 Money Supply YoY (Feb) Y/Y 9% vs. Exp. 8.8% (Prev. 9%)
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This stable growth figure indicates that credit expansion is slowing, which may suggest a cooling economic environment. Traders should watch for implications on monetary policy and economic growth forecasts, as it could impact risk sentiment across markets.
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