Coming up this week from China - financing data for June

From China due sometime between today and the 15th of July - financing and money supply data,. There is no firm date nor time scheduled for these:

  • New yuan loans, expected is 1535.0bn, prior was 1150.0bn
  • Aggregate financing RMB, expected is 1400.0bn, prior was 760.8bn
  • Money supply M0 y/y: expected is 3.5%, prior was 3.6%
  • Money supply M1 /y: expected is 5.9%, prior was 6.0%
  • Money supply M2 y/y: expected is 8.4%, prior was 8.3%

As you can see, quite the liquidity boost in China in June (expected, anyway). No hawks at the PBOC ….

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