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CHINA PRESS

Yuan to Maintain Near-Term Strength: Journal

CHINA PRESS

Biden May Be Consumed by Bumpy Recovery: Daily

JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

CHINA PRESS
CHINA PRESS: Comments by the PBOC in its quarterly report on the growth of the
money supply showed that the central bank intended to keep its monetary policy
"prudent", state controlled newspaper Economic Daily has reported. The Daily
quoted the quarterly report, released on the weekend, that the PBOC "will keep
the growth of M2 and the growth of aggregate financing on par with the growth of
nominal GDP". Citing Xie Yaxuan, the chief economist at China Merchants
Securities, the Daily's report said the market should not narrowly focus on CPI
data, but should have a comprehensive view of price trends. It should also
consider downward pressure on the economy when predicting the direction of
monetary and fiscal policy.