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Bid on Weak PMI Set

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Another jump higher after US PMI data

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JPMorgan On Colombian Economy/Petro Agenda

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CHINA
CHINA: The PBOC will make good use of existing financial support policies and
introduce new measures to offset the impact of the coronavirus epidemic, said
PBOC governor Yi Gang at an internal meeting on Monday. In comments reported on
the PBOC website, Yi said prudential monetary policy should be more flexible and
should prioritize the recovery of the real economy. As the next step, the PBOC
would support financial institutions to provide special credit lines for
industry sectors and private and small companies which have been most affected
by the epidemic. Other policies would support an increase in loan renewals and
appropriately reduce, or exempt loan interest for small firms, Yi said. 

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