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19 October 2020 < 1 min

Market news – 19 October 2020

China data remains robust Chinese Total Social Financing (TSF, the broadest measure of credit provision in the economy), increased 13.5% year on year in September, the seventh consecutive monthly advance, driven by a tripling of local government bond issuance versus a year ago and a rise in long-term…

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12 October 2020 2 mins

Market news – 12 October 2020

Chinese data still robust; UK GDP disappoints in August China’s private sector Caixin services PMI rose to 54.8 in September (August: 54.0, consensus: 54.3). Among the sub-components, the new business index rose from 52.9 to 53.6, new exports moderated to 48.4 and the employment index indicated further expected…

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