To create a suitable monetary, financial environment to maintain economic operations in a reasonable rangePrudent monetary policy should be flexible, moderateLiquidity should be reasonably abundantThe headline remark is perhaps a notable one after they stepped in to curb yuan appreciation last week
Eurozone October industrial production +1.1% vs +1.2% m/m expected
Prior -0.2%
Industrial production +3.3% vs +3.0% y/y expected
Prior +5.2%
Industrial production +3.3% vs +3.0% y/y expected
Prior +5.2%
A light bounce in euro area production, owing to rises in capital and consumer goods. This is a bit of a lagging data point though as it pertains to October. So, there isn’t much to really extrapolate from this