China Business Sector Edges Into Expansion in October: PMI Report
Stronger China Services Sector Activity Drives Up PMI -- Market Talk
Corporate loan interest rates hit a new low! In the first three quarters, the financial system in peking provided a total financing volume of nearly 950 billion yuan. In September, the average weighted interest rate for corporate loans dropped to 2.87%.
1. In the first three quarters of this year, Peking's financial institutions continued to show a growing trend in credit volume. As of the end of September, the RMB loan balance and deposit balance increased by 5.4% and 9.4% year-on-year, respectively. 2. Since the beginning of this year, the weighted average interest rate of new corporate loans issued by financial institutions in Peking has remained at a low level, with the September average interest rate for corporate loans at 2.87%, reaching a new record low in statistics.
The Central Bank: In September, various types of bonds totaling 7,603.15 billion yuan were issued in the bond market.
On October 30, the People's Bank of China released the financial market operation situation for September 2024.
USA election heavy trade signal! Bloomberg: Hedge funds bet on the surge of "this currency pair"...
Countdown to the usa presidential election in November, hedge funds are shifting bets to the Singapore dollar, causing a significant increase in the cost of speculating on the Singapore currency. Options traders are positioning for the rise of the US dollar against the Singapore dollar.
U.S. Consumer Confidence Surges in October to Highest Level in Nine Months