New loans in China fall to 597.8 billion yuan in December

Market news

15 January 2016

New loans in China fall to 597.8 billion yuan in December

The People's Bank of China (PBoC) released its new loans data on Friday. New loans in local currency in China were 597.8 billion yuan in December, down from November's 708.9 billion yuan and well below expectations of 700 billion yuan.

M2 money supply jumped by 13.3% year-on-year in December, after a 13.7gain in November.

Total social financing increased to 1.82 trillion yuan in December from 1.02 trillion yuan in November.

Reuters’ poll: the Bank of England will keep its interest rate unchanged at least until July

The Wall Street Journal’s survey: 17% of respondents say the U.S. economy will enter recession in the next year

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.