Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

CHINA PRESS
MNI (Sydney)

China's overall cost of lending, and in particular mortgage rates, may increase moderately this year as policymakers support innovation, SMEs and sustainability while curbing real estate and local government financing vehicles, the Securities Times reported citing Wang Qing, Chief macro analyst at Golden Credit Rating. Wang was interviewed following the PBOC's release of February loan data, which showed overall social financing increased by 1.71 trillion CNY. M2 and the scale of social financing will moderate to match nominal GDP growth, the official securities newspaper said citing chief researcher Wen Bin at Minsheng Bank.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com