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China New Loans

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China New Loans

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Status

 
Latest Release
Oct 14, 2024
Actual
1,590.0B
Forecast
1,090.0B
Previous
900.0B
This release measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.
A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
Importance:
Country:
Currency: CNY
Source: Peoples Bank of China
China New Loans
 
Release Date Time Actual Forecast Previous
Nov 13, 2024 (Oct) 03:00     1,590.0B
Oct 14, 2024 (Sep) 04:00 1,590.0B 1,090.0B 900.0B
Sep 13, 2024 (Aug) 06:30 900.0B 810.0B 260.0B
Aug 13, 2024 (Jul) 04:00 260.0B 1,280.0B 2,130.0B
Jul 12, 2024 (Jun) 04:00 2,130.0B 1,050.0B 950.0B
Jun 14, 2024 (May) 04:00 950.0B 2,250.0B 730.0B

News

Gold prices sink below $1,950 as CPI data looms
Gold prices sink below $1,950 as CPI data looms By Investing.com - Nov 14, 2023

Investing.com-- Gold prices fell below key levels in Asian trade on Tuesday, as traders pivoted into the dollar before U.S. inflation data due later in the day, which is widely expected to determine...

Analysis

New Loans Discussion

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All Comments (2)
JongUn Kim
JongUn_Kim Jun 12, 2024 7:51PM ET
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Short China
shravan chinu
shravan chinu Apr 14, 2014 12:25AM ET
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will it show any effect on gold?.
Troy Murombedzi
Troy Murombedzi Apr 14, 2014 12:25AM ET
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I dont think so. hey
 
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