Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Chinese banks will demonstrate slowing loan surge
Chinese banks are braced for seeing a slowdown in lending surge during the second half of 2017, having used most of their annual credit quota, thus increasing the specter of corporate defaults because financing costs keep rising in the world's number two economy.
Beijing's crackdown on risky lending has already increased financing costs and affected profit margins. Experts estimate that banks have already utilized 80% of their yearly credit quota over January-June, against the regular 60%, amid a regulatory attempt to bring shadow financing activities to the key loan book.
China’s key lenders, including China Construction Bank, Agricultural Bank of China and Industrial and Commercial Bank of China are going to report their first-half outcomes over the next two weeks.
China's policymakers have told that the government will keep lowering overall leverage and that slower surge in broad M2 money supply, includes demand deposits as well as monies in easily accessible accounts, could be a normal thing.
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Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
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