Credit demand and liquidity trends – DBS

Credit demand and liquidity trends – DBS

DBS Group Research anticipates China’s credit demand to stay weak in July, with new Yuan loans around RMB 10.8 billion and M2 growth at 8% year-on-year. Corporate and household medium- to long-term lending are likely to soften amid cautious borrowing and mortgage prepayments. Elevated precautionary savings and subdued property prices are expected to constrain investment […]

Rebound holds above 200-day SMA

Rebound holds above 200-day SMA

The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note. However, GBP/JPY is poised to finish the week with minimal gains, trading at 212.64. GBP/JPY Price Forecast: Technical outlook The GBP/JPY trades sideways, though slightly tilted to the downside, following an […]

Dow Jones dodges a hike December still prices

Dow Jones dodges a hike December still prices

The American labour market contracted in July and the Dow Jones Industrial Average answered with a gain of roughly 65 points, a tenth of a percent, trading near 54,000 into the afternoon. The session high just above 54,100 printed in the minutes after the 12:30 GMT release and has not been beaten since. That is […]