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CHINA:  Country Wrap: Premier Calls for Urgency. 

CHINA
  • China Plans About 5% GDP Target in 2025, Fiscal Deficit 4% : Reuters Says (source: BBG)
  • China’s Premier Calls for Urgency in Implementing Economic Work (source: BBG)
  • China May Keep Trying to Spur Consumption Without Big Stimulus (source: BBG)
  • China’s Factories Seek to Trump-Proof Business by Going Global (source: BBG).
  • Whilst China’s CSI300 is holding on to slim gains of +.30%, the others are down with Hang Seng -0.35%, Shanghai -0.50% and Shenzhen -0.30%.
  • CNY: Yuan Reference Rate at 7.1891 Per USD; Estimate 7.2847
  • Bonds: the relentless grind lower in yield took a break today with the 10YR yield marginally up at 1.731%
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  • China Plans About 5% GDP Target in 2025, Fiscal Deficit 4% : Reuters Says (source: BBG)
  • China’s Premier Calls for Urgency in Implementing Economic Work (source: BBG)
  • China May Keep Trying to Spur Consumption Without Big Stimulus (source: BBG)
  • China’s Factories Seek to Trump-Proof Business by Going Global (source: BBG).
  • Whilst China’s CSI300 is holding on to slim gains of +.30%, the others are down with Hang Seng -0.35%, Shanghai -0.50% and Shenzhen -0.30%.
  • CNY: Yuan Reference Rate at 7.1891 Per USD; Estimate 7.2847
  • Bonds: the relentless grind lower in yield took a break today with the 10YR yield marginally up at 1.731%