Free Trial

The market expects the central bank.....>

CHINA PRESS: The market expects the central bank to further trim the new market
oriented Loan Prime Rate (LPR) by at least 50 bps in 2020, according to a
commentary published by China Securities Journal. The People's Bank of China
(PBOC) has cut the 5-year LPR by 10 bps, half the cut to the 1-year term LPR,
indicating that the central government has stuck to the view that "houses are
for living and not for speculation". The Journal characterised this as a hawkish
attitude toward the real estate market. 

To read the full story


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.