People's Bank of China set the onshore yuan mid-rate for the trading session ahead. Bloomberg at 6.5583PBOC add in 10bn yuan through 7-day RRs in open market operations
<ul><li>GDP (non-seasonally adjusted) -0.6% vs -0.6% y/y prelim</li><li>GDP (seasonally adjusted) -0.2% vs -0.2% y/y prelim</li></ul><p>No changes to the init
<p>More stimulus is coming for China as Beijing is reportedly poised to cut interest rates on some of the ¥38.6 trillion of existing mortgages. And that move could come as soon as today, with th
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