China New Yuan Loans unexpectedly plunged to 385.2 Bln Yuan from 1079.3 Blln in June and the lowest reading since Dec of 2009. Consensus was for a decline to 780 Bln Yuan. -Aggregate financing dropped to 273.1 Bln Yuan a steep decline from 1974.5Bln in the previous month and the lowest reading since Oct of 2008. Consensus was for a reading of 1500 Bln. Comments
Comments -The weak July fresh lending from China adds to growth and demand concerns. -China July Industrial Production and Retail Sales shall be key to the direction here on
Comments -The weak July fresh lending from China adds to growth and demand concerns. -China July Industrial Production and Retail Sales shall be key to the direction here on