The People’s Bank of China (PBoC) is expected to remain calibrated and restrained in policy easing, according to the latest research report from Commerzbank.Both China and the US have taken mini but continuous steps before the formal October trade talks.
After both sides have waived tariffs on some billions of imports, China is poised to purchase more US farm goods according to latest media reports, which has created some favourable conditions for the upcoming negotiations. President Trump reiterated that he would want to seek a "great" deal.
On a separate note, PBoC's governor Yi Gang yesterday said that the policy makers aim to prevent financial system from destabilizing, signaling that the central bank has little intention to conduct aggressive monetary easing despite growth slowdown, the report added.


Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 



