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PBOC to lower interest rates on housing fund loans by 25 bps

PBOC to lower interest rates on housing fund loans by 25 bps

  • China continues to look to try and bolster the property sector
Justin Low
Justin Low
Friday, 17/05/2024 | 05:08 GMT-0
17/05/2024 | 05:08 GMT-0
News

There will be press conference in China later today re policies to ensure housing delivery

There will be press conference in China later today re policies to ensure housing delivery

  • China's housing and financial regulators
Eamonn Sheridan
Eamonn Sheridan
Friday, 17/05/2024 | 02:06 GMT-0
17/05/2024 | 02:06 GMT-0
News

China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)

China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)

  • Retail sales, Industrial production, Unemployment rate, Investment data
Eamonn Sheridan
Eamonn Sheridan
Friday, 17/05/2024 | 02:00 GMT-0
17/05/2024 | 02:00 GMT-0
News

China April new house prices -0.6% m/m (prior -0.3%)

China April new house prices -0.6% m/m (prior -0.3%)

  • China's property market continues to bumble along its sad path.
Eamonn Sheridan
Eamonn Sheridan
Friday, 17/05/2024 | 01:31 GMT-0
17/05/2024 | 01:31 GMT-0
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1045 (vs. estimate at 7.2222)

PBOC sets USD/ CNY mid-point today at 7.1045 (vs. estimate at 7.2222)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Friday, 17/05/2024 | 01:15 GMT-0
17/05/2024 | 01:15 GMT-0
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