PBOC says rate rise is a normal market reaction to Fed's rate increase

Market news

14 December 2017

PBOC says rate rise is a normal market reaction to Fed's rate increase

Upward adjustment of interest rates reflects supply and demand in the market
Interest rate adjustment was less than market expectations, will be good for shaping reasonable interest rate expectations in market
Rate rise will help keep financial institutions from over-leveraging and expanding credit, will help control macro leverage ratio

France: CPI, m/m, November 0.1% (forecast 0.1%)

Chinese industrial production and retail sales lower than expected in November

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