Although the year-on-year comparison for M2 improved, the month-on-month growth in M2 isn't even running at a 2% annual rate over the past two months and total growth over the past three months is only 0.57%.
Reuters: Slump in China credit in Oct highlight growth challenges
Slow money supply growth kept the ratio of money supply to forex reserves steady.
Thursday: Q1 GDP, Unemployment Claims, Pending Home Sales
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, *Gross Domestic Prod...
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