China Stock Market

AUD/USD gaining further on news out of China of a plan to buy millions of unsold homes

China's government is considering buying unsold homes to ease oversupply

• Bloomberg with the info, not a lot of detail at this stage

PBOC sets USD/ CNY mid-point today at 7.1049 (vs. estimate at 7.2279)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2279 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

Reports from Chinese brokerages on recent bad credit data disappeared from media

• April credit data ... gone

PBOC sets USD/ CNY central rate at 7.1053 (vs. estimate at 7.2307)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2307 – Reuters estimate

• The rate will be around the 7.10 big figure as the PBoC defends the yuan

China to sell 20, 30 and 50 year Treasury bonds

• From May 17

China's "weekend’s data add to the probability of a surprise rate cut"

• Negative credit growth a concern

PBOC sets USD/ CNY reference rate for today at 7.1030 (vs. estimate at 7.2284)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2284 – Reuters estimate

• The rate setting will be on 7.10

Credit in China fell in April for the first time since 2017 (or 2005)

• Further weekend data from China

China to switch off real-time info on foreign flows in stocks today, avert poor sentiment

• The move is aimed at avoiding the impact of negative sentiment

China plans to issue special ultra-long term treasury bonds to raise 1 trillion yuan

• Meeting to be held today on the plans

Big week coming up for Biden to slap huge tariffs on China