MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

MNI BRIEF: China End-Sep M2 Edges Higher, New Loans Quicken

BEIJING (MNI)

China's M2 money supply growth rebounded to 8.3% y/y in September from August's 8.2%, data released by the People's Bank of China on Wednesday showed, outpacing the median forecast of 8.2%. Among the key metrics, M1 growth slowed to 3.7% y/y from the previous 4.2% gain, while M0 rose 5.5% y/y, decelerating from the 6.3% gain in August.

Aggregate financing was CNY2.9 trillion, little changed from CNY2.96 trillion in August, underperforming the median forecast of CNY3.05 trillion. On an annual basis, it grew 10.0%, slower than the 10.3% growth last month. New loans rose to CNY1.66 trillion from CNY1.22 trillion, also lower than the median forecast of CNY1.81 trillion.

Shadow banking transactions fell by CNY213.7 billion, compared to the reduction of CNY105.8 billion in August. Among which, entrusted loans and trust loans fell by CNY2.3 billion and CNY212.8 billion, respectively, while undiscounted bankers' acceptances rose by CNY1.4 billion.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsAPACChina Market NewsData BriefData StoriesBriefStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataPolicy NewsAPACChina Market NewsData BriefData StoriesBriefStoryRegion
True

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.