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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.
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Free AccessMNI US MARKETS ANALYSIS - AUD/JPY Finds Bottom on China News
MNI US OPEN - PBOC Makes First Major Policy Tweak Since 2011
MNI DATA IMPACT: China Jan Total Financing More Than Doubles
BEIJING (MNI) - China's January aggregate financing more than doubled from
December to CNY5.07 trillion, beating the CNY4.2 trillion market consensus, a
data released Thursday by the People's Bank of China(PBOC) showed. Money supply
growth slowed from the previous month.
Here are the main points:
- The PBOC now includes China Government Bonds and general local government
bonds in totalling the aggregate financing, starting from December.
- M2 rose 8.4% y/y, slowing from the 8.7% rise in December and lower than
8.5% forecast by most economists.
- New loans totalled CNY3.34 trillion, nearly tripling to CNY1.14 trillion
in December, and was higher than the projected CNY3.01 trillion.
- Shadow banking transactions expanded by CNY180.9 billion, compared to
December's reduction of CNY145.9 billion. Entrusted loans shrank by CNY2.6
billion, while trust loans and undiscounted bankers' acceptances expanded by
CNY43.2 billion and CNY140.3 billion.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MAQDS$,MAUDR$,MAUDS$,M$A$$$,M$Q$$$,M$U$$$]
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Why MNI
MNI is the leading provider
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