Chinese Banks Could Cut Deposit Rates as Early as This Week — Bloomberg
China's Total Social Financing Up 8% as of End-September
Expert: The central bank's current policy adjustment focuses on two major points, real estate and capital markets.
①Experts believe that the recent large-scale incremental policies of the central bank have targeted the key points of real estate and capital markets, and the effects of previous policies are gradually showing; ② The central bank has repeatedly emphasized supportive monetary policies, indicating that China's monetary policy is increasing support for the real economy, and the terms of supportive monetary policy and prudent monetary policy are not contradictory.
China's CPI Inflation Eases to 0.4% YoY in September Vs. 0.6% Expected
Caishare C50 Wind Index Survey: Expected loosening of liquidity in October, fiscal policy follow-up expectations warming up.
① The median forecast for new RMB loans in September is 1.84 trillion yuan, with a year-on-year decrease of 0.47 trillion yuan; ② The median forecast for new social financing scale in September is 3.68 trillion yuan, with a year-on-year decrease of 0.44 trillion yuan; ③ The year-on-year growth rate of CPI in September may slightly rise to 0.7%, while the year-on-year growth rate of PPI may see a decrease to -2.4%; ④ The market expects the funding pressure to ease in October, and fiscal policy is expected to be intensified in the fourth quarter.
China's Services Trade Up 14% in January-August Period