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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM
MNI BRIEF: SNB Cuts Policy Rate By 50 BP To 0.5%
MNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI DATA IMPACT: China June New Loans Rise; M2 Remains 11.1%
BEIJING (MNI) - New loans issued in China rose in June for the first time
in three months to CNY1.81 trillion, compared with CNY1.48 trillion in May, just
shy of forecasts looking for a CNY1.82 trillion increase, data released Friday
by the People's Bank of China showed.
--M2 money supply rose 11.1% y/y, maintaining the same pace of increase for
a third straight month, in line with forecasts.
--Aggregate financing to the economy rose for the third month running to
CNY3.43 trillion, up from CNY3.19 trillion in May, above the CNY3.13 trillion
projected by analysts.
--Shadow banking transactions expanded by CNY1.4 billion, sharply down on
the CNY22.6 billion expansion in May. Entrusted loans and trust loans declined
by CNY145.4 billion and CNY98.1 billion from May, while undiscounted bankers'
acceptances rose by CNY244.9 billion.
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MAQDS$,MAUDR$,MAUDS$,M$A$$$,M$Q$$$,M$U$$$]
To read the full story
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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.