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China February data: retails sales beat, Industrial production beats, investment beats

Check these out, the results are in the box, expected is the column adjacent, prior is the column to the right of that:

Earlier today the People’s Bank of China left its rate unchanged. there was a small majority calling for a rate cut. The PBoC would have seen the data and …. “Nah, no cut …”

PBOC leaves its MLF rate unchanged (a 5 to 10bp cut was the consensus expected)

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