TRUDEAU SAYS `WE HAVE A LOT OF WORK TO DO'

MNI BRIEF: Canada NDP Will Bring Nonconfidence Motion In Jan.

CANADA NDP SAYS WILL INTRODUCE NONCONFIDENCE MOTION

MNI China Daily Summary: Friday, December 20

MNI: PBOC Net Drains CNY103.5 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1901 Fri; -2.13% Y/Y

EZ/UK T-Bill Calendar: Greece to Sell Bills Monday

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

MNI: BELGIUM DEC BNB BUSINESS CONFIDENCE -13.8

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China Oct M2 Rises To Seven-Month High

Central Bank NewsPolicy NewsPBOCAPACEM Policy NewsChinaEM BriefBriefGlobalStoryRegion
MNI (BEIJING)

China's M2 money supply growth quickened more than expected in October, as deposits increased thanks to the robust stock market following the Government-announced pro-growth policies, People's Bank of China data released Monday showed.

Growth in M2 was 7.5% y/y, a seven-month high, up from September's 6.8% growth and beating the 7.0% forecast. M1 continued to contract, falling for a seventh straight month in October, though with the decline narrowing to -6.1% from the previous record-low of -7.4%.

Keep reading...Show less
121 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
MNI (BEIJING)

China's M2 money supply growth quickened more than expected in October, as deposits increased thanks to the robust stock market following the Government-announced pro-growth policies, People's Bank of China data released Monday showed.

Growth in M2 was 7.5% y/y, a seven-month high, up from September's 6.8% growth and beating the 7.0% forecast. M1 continued to contract, falling for a seventh straight month in October, though with the decline narrowing to -6.1% from the previous record-low of -7.4%.

Keep reading...Show less