Economic calendar due from Asia today – China monthly loan rate setting

2301 GMT from the UK is the Rightmove house price indicator for June

  • prior +1.8% m/m
  • not a market mover

0130 GMT China Loan Prime Rate monthly setting, expected to be unchanged again, this would be the 14th consecutive month of steady LPRs.

  • 1 year LPR expected 3.85%, prior 3.85%
  • 5 year LPR expected 4.65%, prior 4.65%
  • The LPR is set in reference to the rate on the PBOC’s medium-term lending facility (MLF). Its a lending reference rate set monthly by 18 banks.
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