CHINA PRESS: NDRC To Promote Private Investment
The National Development and Reform Commission has recommended 36 investment projects to private ent...
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MNI EXCLUSIVE: Former BoJ Chief Economist Shares Policy Rate Outlook
AUD: Antipodean Update - Drift A Little Lower In A Quiet Session
The antipodeans have both drifted a little lower, though pretty negligible in a quiet Asian session as Oil continues to build on its move higher. The US inflation data tonight is the market's main focus and could potentially have a significant impact on the direction of the US Dollar.
- {AUDUSD Curncy} - 0.7058, -0.06%
- {NZDUSD Curncy} - 0.5871, -0.17%
- {AUDNZD Curncy} - 1.2020, +0.12%
CHINA: Key Local News Highlights - Pro-consumption policies in H2
Below is a selection of key recent onshore media highlights for China ICYMI :
MNI China Press Digest Aug 12:Food, AI Bubble, Fund Management
Consumption (China Daily): Ample room to increase demand with pro-consumption policies in H2
Gold (China Daily): Mixed results for China's gold sector as consumption change
Economy (Global Times): Does large exports and a big surplus equal 'overcapacity'?: People's Daily
RmB (Global Times): Designation of Deutsche Bank as yuan-clearing bank in EU adds impetus to broader trade.
Financial Markets (Shanghai Sec. News): Steadily and orderly deepen two-way opening up, and continuously enhance the attractiveness of the capital market.
Property (BBG): China Races to Solve $148 Billion Property Threat as Leases End
Deflation (BBG): From Music Services to Cars, Deflation Risk Grows: China Today
Financial Markets (BBG): China Revives Free-Trade Zone Bond Market After 2023 Crackdown
Earnings (BBG): China Earnings to Test Rotation From AI to Internet Stocks.
