Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:00 |  | 2 points | China Loan Prime Rate 5Y (Apr) | 3.60% | 3.60% |
| 01:15 | | 2 points | PBoC Loan Prime Rate | 3.10% | 3.10% |
| 14:00 |  | 2 points | US Leading Index (MoM) (Mar) | -0.5% | -0.3% |
Summary of Upcoming Economic Events on April 21, 2025
China (🇨🇳)
- China Loan Prime Rate 5Y – 01:00 UTC
- Forecast: 3.60% | Previous: 3.60%
- Market Impact:
- No change expected.
- Stability in rates could support the Chinese yuan (CNY) and boost confidence in the Chinese property sector.
- PBoC Loan Prime Rate – 01:15 UTC
- Forecast: 3.10% | Previous: 3.10%
- Market Impact:
- Steady rates would reinforce current monetary policy; any unexpected cut would pressure the CNY and support risk assets.
United States (🇺🇸)
- US Leading Index (MoM) (Mar) – 14:00 UTC
- Forecast: -0.5% | Previous: -0.3%
- Market Impact:
- A larger decline could raise recession fears, potentially weighing on the USD and equity markets.
- A better-than-expected reading might ease growth concerns and support risk sentiment.
Market Impact Analysis
- CNY: Steady rates suggest neutral impact unless surprises emerge.
- USD: Focused on economic momentum; weakness in the Leading Index could spark risk-off sentiment.
Overall Impact Score: 3/10
Key Focus: Reaction to US economic data and confirmation of stable Chinese monetary policy.
