Dear Readers, Happy Monday!
WHAT TO WATCH TODAY
Will PBOC cut RRR?
The market is closely watching whether the PBOC will cut banks' reserve requirement this week, although many believe the recent jump in credit expansion data has lowered the chance of the move.
This Wednesday (April 17th) is a key date to watch. China is due to released key economic data for March and the first quarter on the day, including GDP growth, industrial output, consumption growth, fixed-asset investment, etc.
In addition, 360 billion yuan MLF will mature this Wednesday, which, if . . .
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