We get Chinese CPI data later but the high estimate is +1.1% and the consensus is +0.7% so rate cuts shouldn’t be a surprise.
The December Politburo meeting continued with the text on a “more proactive” fiscal policy and a “moderately loose” monetary policy.
The newswire report says the report is from the local press. I’ll work to find the source.
This article was written by Adam Button at investinglive.com.