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China's Economy in April: Money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years

Signs of deteriorating conditions abounded in the April data

BEIJING | By Kevin Yao

China’s money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data showed the world’s second-largest… 765 more words

Data over the weekend and what the Aussie dollar made of it:

US non-farm payrolls (employment) rose by 223,000 in April, near market forecasts and the unemployment rate fell from 5.5 per cent to a 4-year low of 5.4 per cent. 106 more words

AUD

China Cuts Rates for 3rd Time in 6 Months to Boost Economy

The Associated Press

For the third time in six months, China’s central bank is cutting interest rates to spur the country’s sluggish economy by giving state-owned financial institutes more flexibility in setting rates. 530 more words

China Optimism Prompts Record Inflows Into Hong Kong Stock ETFs

By Belinda Cao
Bloomberg

An unprecedented amount of money is flowing into the largest exchange-traded funds that track Chinese companies listed in Hong Kong as investors bet the biggest rally in more than three years will continue. 782 more words

21 April 2015 (TheAustn) - Fear of stock bubble as China pumps $250bn into economy

(21 April 2015, The Australian, p19, Scott Murdoch, David Rogers, Markets)

‘China has pumped 1.2 trillion yuan ($248 billion) into its domestic financial system to kick-start economic growth and lift lending, but the decision prompted economists to warn the extra capital could increase the risk of a damaging equities market bubble emerging. 38 more words

1.Market Observations

21 Apr 2015 (TheAge) - Rate cut worry beats China's easing as ASX slide

(21 April 2015, The Age, BusinessDay, p27,  Sally Rose, Markets reporter)

‘Unexpected easing in Chinese monetary policy over the weekend that is tipped to fuel demand for Australian commodity exports has failed to lift the local equity market amid continuing uncertainty over the Reserve Bank of Australia’s next interest rate move.’ <snipped…> 26 more words

1.Market Observations

Even $200 billion in stimulus can't make China's banks lend to the businesses that need it the most

China’s latest massive monetary easing policy, announced this weekend, could add more than $200 billion in liquidity to the economy—but only if the government can convince the mostly state-run banking sector to actually make new loans. 390 more words