China Stock Market

UBS revised down its China 2023 GDP growth forecast to 5.2%, from 5.7% previously

China’s State Council considering various macroeconomic policies to boost demand

ICYMI - Nomura slashes its forecast for China's 2023 GDP growth to 5.1% from 5.5%

UBS lowered its forecast for China’s 2023 economic growth to 5.2%, from 5.7% previously

China's State Planner says it'll speed up implementation of key projects

PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expected

Chinese state media: China is expected to announce more support for the property sector

Asia Economic calendar 15 June 2023: NZ GDP, Australia job report, China economic activity

• A People's Bank of China rate cut is expected today

Citadel's Ken Griffin optimistic on growth in China

Goldman Sachs warn property weakness likely a multi-year growth drag on China’s economy

• Iron ore price dropped during the session

More Chinese banks cut rates

China Wanda bonds halve in value since January, "Its really bad, moving in one direction"

China's economy stumbling, likely headed for a lost decade says ex-IMF official

China CPI for May 0.2% y/y (expected 0.3%) & PPI -4.6% y/y (expected -4.3%)

Heads up for Chinese inflation data due in just a few moments time - bottom of the hour