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China's 1- & 5- Year LPR On Tap Today, BOK Due Thursday


China's 1- & 5- Year Loan Prime Rate are on tap today, 15bp cuts in both are expected with the 1-Year falling to 3.40& and 5-Year to 4.05%, and the release headline the week's docket in Asia.

  • China - The docket is light for the remainder of the week with just July Swift Global Payments on the wires on Wednesday.
  • South Korea - The latest monetary policy decision from the BOK is due on Thursday, there is no change to policy expected. On the wires today we have the first 20 Days Of August Terms of Trade. Further out on Tuesday we have August Consumer Confidence and Q2 Household Credit. The September Business Survey is due on Wednesday and Jul PPI will cross on Thursday.

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