Trading news

China's PPP scheme supporting 703 projects

China's subsidies PPP scheme

China's subsidies scheme for supporting the public-private partnerships was approximately 500 million yuan this year, as per the official Xinhua news agency today.

China's PPP funding scheme supports 703 projects

This funding scheme supported 703 projects totaling 1.2 trillion yuan, including investments in environmental protection, water conservation, energy, and transportation.

BOJ's comment on interest rates

Haruhiko Kuroda, Bank of Japan's Governor, said that rates would appreciate once the central bank has reached its inflation target of 2%.

Sweden

Sweden's industrial production dropped from 1.5% to -4.1%. The economists estimated the IP to rise 0.4%.

France

The French services PMI declined from 54.1 to 53.3. The economists predicted the indicator to stabilize at 54.1.

German

Germany's services PMI rose from 50.6 to 50.9. The analysts estimated the indicator to stabilize at 50.6.

Euro zone

Euro zone's services PMI climbed from 52.1 to 52.2 and did not match the analysts' predictions for stabilization at 52.1.

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Wednesday, 05 Oct, 2016 / 10:20

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-ppp-scheme-supporting-703-projects

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