Earlier: [China Q4 2021 GDP 1.6% q/q and 4.0% y/y] [China ‘activity data’ for December 2021: Industrial output beats, retail sales miss] Also from China today: [China recap – PBOC rate cuts] —- Head of the NBS saying room for more rate cuts. On Thursday this week, 20 January, we get 1 year and 5 year Loan Prime Rates set. A cut to the MLF will be seen as an indication the LPR rates too could see a cut.
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