China Yield Curve
China Yield Curve closed up by 4.07% to 0.46 on 23 January 2021 and +22.67% on a weekly basis. China Yield Curve momentum was last calculated at +100.0/100 indicating positive momentum. China Yield Curve trend is +50.0/100 indicating a positive trend. China Yield Curve momentum exhaustion is -0.46123 indicating China Yield Curve is oversold.China Yield Curve RSI is 67.3871 .
China Yield Curve Chart
China Yield Curve Statistics
| Security | Symbol | Last | Momentum | Trend | Oscillator | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| China Yield Curve | CN.YC | 0.46 | 1 | 0.5 | -0.46123 | 67.3871 | 4.07 | 22.67 | 4.55 | 0.00688 |
China Yield Curve closed at 0.46 on 23 January 2021. China Yield Curve trend was last calculated at +50.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. China Yield Curve momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. China Yield Curve momentum exhaustion is -0.46123 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating China Yield Curve is oversold and a possible reversal is imminent. China Yield Curve RSI was last calculated at 67.3871. China Yield Curve moving averages were last recorded as follows: 1-month moving average: 0.38065 in an uptrend , 1-quarter moving average: 0.3331 in an uptrend and 1-year moving average: 0.55415 in an uptrend. China Yield Curve annual return was last recorded at None%, daily return was last recorded at 4.07%, and weekly return was last recorded at 22.67%. China Yield Curve histrorical 20-day volatility was last recorded at 81.4401%, China Yield Curve alpha None, China Yield Curve beta None and China Yield Curve maximum drawdown was recorded at None%. MacroVar models monitor China Yield Curve statistics based on historical data since 1970.
China Yield Curve News
China Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Shanghai Composite | SSEC | 3562.66 | 1 | 1 | 1.64904 | 66.1356 | 0.97 | -0.1 | 2.82 | 0.16105 |
| China ETF | FXI | 43.72 | 1 | 1 | 1.71797 | 62.6053 | -1.33 | -3.23 | -6.72 | 0.07797 |
| Chinese Yuan US Dollar (CNY/USD) | CNHUSD | 6.46 | -0.5 | -1 | -1.99133 | 37.2081 | 0.02 | -0.28 | -0.24 | -0.05619 |
| China 5-Year Bond Yield | CN.5Y | 2.75 | -1 | -0.25 | 0.68225 | 29.772 | -0.9 | -6.75 | -8.46 | 0.04504 |
| China 2-year bond yield | CN.2Y | 2.48 | -1 | -0.25 | 0.728 | 27.7591 | -1.31 | -9.98 | -10.4 | 0.03111 |
| China Yield Curve | CN.YC | 0.46 | 1 | 0.5 | -0.46123 | 67.3871 | 4.07 | 22.67 | 4.55 | 0.00688 |
| China Credit Default Swaps | CDS.China | 38.25 | -1 | -1 | -1.41448 | 40.9453 | 2.68 | 5.52 | -4.38 | -0.16463 |
| Export-Import Bank of China Credit Default Swaps | CDS.Export-Import-Bank-of-China | 35 | -1 | -1 | -1.37529 | 43.9717 | 0 | 4.48 | -6.67 | -0.14119 |
China Economic Indicators
| Indicator | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|
| balance of trade | 515.3 | 455.4 | 0.131533 | 0.150377 | 1.0 | 1.0 | 0.7 | 2021-06-30 |
| bank lending rate | 2.95 | 2.95 | 0 | -0.106061 | -1.0 | -1.0 | 0 | 2020-05-30 |
| banks balance sheet | 2120 | 1500 | 0.413333 | 0.171271 | 1.0 | 1.0 | 0.7 | 2021-06-30 |
| business confidence | 50.9 | 51 | -0.00196078 | 0 | -1.0 | -1.0 | 0.391667 | 2021-06-30 |
| capacity utilization | 78.4 | 77.2 | 0.015544 | 0.0208333 | 1.0 | 1.0 | 0 | 2021-06-01 |
| capital flows | -751 | -418.979 | 0.792453 | -2.0353 | -1.0 | -1.0 | 0.116667 | 2021-01-01 |
| car registrations | 1569000 | 1646040 | -0.0468032 | -0.110544 | -1.0 | -1.0 | 0.2 | 2021-06-30 |
| cash reserve ratio | 12.5 | 12.5 | 0 | -0.0740741 | -1.0 | -1.0 | 0.575 | 2020-07-30 |
| central bank balance sheet | 382315 | 382773 | -0.00119653 | 0.0609605 | 1.0 | 1.0 | 0.933333 | 2021-04-30 |
| composite pmi | 50.6 | 53.8 | -0.0594796 | -0.0915619 | -1.0 | -1.0 | 0.0666667 | 2021-06-30 |
| consumer confidence | 121.8 | 121.5 | 0.00246914 | 0.0518135 | 1.0 | 1.0 | 0.7 | 2021-05-31 |
| consumer price index cpi | 100.2 | 100.6 | -0.00397614 | -0.0923913 | -1.0 | -1.0 | 0.0833333 | 2021-06-30 |
| core inflation rate | 0.9 | 0.7 | 0.285714 | -0.181818 | 1.0 | -1.0 | 0.391667 | 2021-05-31 |
| current account | 751 | 1237.65 | -0.393205 | -2.86283 | 1.0 | 1.0 | 0.0333333 | 2021-01-01 |
| current account to gdp | 1.9 | 0.8 | 1.375 | -0.795699 | -1.0 | -1.0 | 0 | 2020-01-31 |
| deposit interest rate | 0.35 | 0.35 | 0 | 0 | -1.0 | -1.0 | 0.508333 | 2021-02-28 |
| exports | 2814.2 | 2639.22 | 0.0662999 | 0.322158 | 1.0 | 1.0 | 0.95 | 2021-06-30 |
| external debt | 24007.9 | 20573 | 0.166962 | 5.15335 | 1.0 | 1.0 | 0 | 2019-02-28 |
| fiscal expenditure | 17157 | 17693 | -0.0302945 | -0.0630734 | -1.0 | -1.0 | 0.183333 | 2021-05-31 |
| foreign direct investment | 909.6 | 753 | 0.207968 | 0.339025 | 1.0 | 1.0 | 0.933333 | 2021-06-30 |
| foreign exchange reserves | 3214000 | 3220000 | -0.00186335 | 0.0326668 | 1.0 | 1.0 | 0.866667 | 2021-06-30 |
| gdp | 14722.7 | 14342.9 | 0.02648 | 2.20455 | 1.0 | 1.0 | 0 | 2020-01-31 |
| Real GDP | 532167 | 249310 | 1.13456 | 0.249224 | -1.0 | 1.0 | 0.1 | 2021-06-30 |
| gdp growth | 1.3 | 0.4 | 2.25 | -0.1875 | -1.0 | -1.0 | 0 | 2021-04-01 |
| gdp growth annual | 7.9 | 18.3 | -0.568306 | 0.144928 | 1.0 | 1.0 | 0.85 | 2021-04-01 |
| gold reserves | 1948.31 | 1948.31 | 0 | 0.057393 | 1.0 | 1.0 | 0.55 | 2020-08-01 |
| government budget | -3.7 | -2.8 | 0.321429 | 8.02439 | -1.0 | -1.0 | 0 | 2020-01-31 |
| Government budget | -178.3 | 4.2 | -43.4524 | 0.0258918 | 1.0 | -1.0 | 0.5 | 2021-05-31 |
| government debt to gdp | 66.8 | 57.1 | 0.169877 | 1.47407 | 1.0 | 1.0 | 0 | 2020-01-31 |
| government revenues | 18446 | 20893 | -0.117121 | 0.142238 | 1.0 | 1.0 | 0.833333 | 2021-05-31 |
| housing index | 4.7 | 4.9 | -0.0408163 | -0.0408163 | 1.0 | -1.0 | 0.6 | 2021-06-30 |
| imports | 2298.9 | 2183.83 | 0.0526918 | 0.367945 | 1.0 | 1.0 | 0.916667 | 2021-06-30 |
| industrial production | 8.3 | 8.8 | -0.0568182 | 0.729167 | -1.0 | 1.0 | 0.966667 | 2021-06-30 |
| industrial production mom | 0.56 | 0.52 | 0.0769231 | -0.565891 | -1.0 | -1.0 | 0.15 | 2021-06-30 |
| inflation cpi | 1.1 | 1.3 | -0.153846 | -0.56 | 1.0 | -1.0 | 0.166667 | 2021-06-30 |
| interbank rate | 3.47 | 3.46 | 0.00289017 | 0.0579268 | 1.0 | 1.0 | 0.708333 | 2021-05-03 |
| interest rate | 3.85 | 3.85 | 0 | -0.0941176 | -1.0 | -1.0 | 0.025 | 2020-05-20 |
| loan growth | 12.3 | 12.2 | 0.00819672 | -0.0681818 | -1.0 | -1.0 | 0.283333 | 2021-06-30 |
| loans to private sector | 36700 | 19200 | 0.911458 | 0.0582163 | 1.0 | 1.0 | 0.366667 | 2021-06-30 |
| manufacturing pmi | 51.3 | 52 | -0.0134615 | 0.00195312 | -1.0 | 1.0 | 0.383333 | 2021-06-30 |
| money supply m0 | 8430 | 8420 | 0.00118765 | 0.0609192 | 1.0 | 1.0 | 0.55 | 2021-06-30 |
| money supply m1 | 63750 | 61680 | 0.0335603 | 0.0549082 | 1.0 | 1.0 | 0.383333 | 2021-06-30 |
| money supply m2 | 231780 | 227500 | 0.0188132 | 0.085646 | 1.0 | 1.0 | 0.266667 | 2021-06-30 |
| non manufacturing pmi | 53.5 | 55.2 | -0.0307971 | -0.0165441 | -1.0 | -1.0 | 0.15 | 2021-06-30 |
| Producer Price Index | 107.4 | 105.7 | 0.0160833 | 0.0248092 | 1.0 | 1.0 | 0 | 2021-05-31 |
| PPI Index | 8.8 | 9 | -0.0222222 | -3.93333 | 1.0 | 1.0 | 0.158333 | 2021-06-30 |
| retail sales MoM | 0.7 | 0.81 | -0.135802 | -0.333333 | -1.0 | -1.0 | 0.166667 | 2021-06-30 |
| retail sales | 12.1 | 12.4 | -0.0241935 | -7.72222 | -1.0 | 1.0 | 0.0166667 | 2021-06-30 |
| reverse repo rate | 2.2 | 2.2 | 0 | -0.137255 | -1.0 | -1.0 | 0.175 | 2020-04-30 |
| services pmi | 50.3 | 55.1 | -0.0871143 | -0.138699 | -1.0 | -1.0 | 0.0666667 | 2021-06-30 |
| total vehicle sales | 2020000 | 2132800 | -0.0528882 | -0.121625 | -1.0 | -1.0 | 0.166667 | 2021-06-30 |
| unemployment rate | 5 | 5.1 | -0.0196078 | -0.152542 | -1.0 | -1.0 | 0.0166667 | 2021-05-31 |
| China Leading Economic Conference Board Index | 160.6 | 158.7 | 0.0119723 | 0.0565789 | 1.0 | 1.0 | 0.516667 | 2020-11-01 |
| LEI - Consumer Expectation Index | 126.7 | 126.7 | 0 | 0.0620285 | 1.0 | 1.0 | 0.766667 | 2021-04-01 |
| LEI - New Export Orders | 50 | 50.6 | -0.0118577 | 0.48368 | 1.0 | 1.0 | 0.983333 | 2021-04-01 |