中国10月M2货币供应量同比增长8.2%，而预期增长8.1%。在9月份略有回升后，10月份的新银行贷款表现平平，再次低于预期。这继续突显出，私人需求状况仍然疲软，北京在试图刺激信贷增长以支撑经济方面仍有艰巨的任务。

China October M2 money supply +8.2% vs +8.1% y/y expected.New bank loans underwhelmed in October after a modest pickup in September and is a miss on estimates once again. This continues to underscore that private demand conditions remain weak and Beijing still has a tall task in trying to stimulate credit growth in order to prop up the economy.

中国M2货币供应量（年环比）为8.2%，高于10月份的预测（8.1%）。中国M2货币供应量（年环比）为8.2%，高于10月份的预测（8.1%）

China M2 Money Supply (YoY) came in at 8.2%, above forecasts (8.1%) in October.China M2 Money Supply (YoY) came in at 8.2%, above forecasts (8.1%) in October

麦格理表示，由于出口强劲，中国将在2026年实现5%的增长。麦格理经济学家表示，2026年，中国经济可能保持5%的增长率，这主要得益于出乎意料的强劲出口表现。

China set for 5% growth in 2026 on strong exports, Macquarie's out of consensus call says.China's economy could maintain a 5% growth rate in 2026, driven largely by unexpectedly strong export performance, according to Macquarie economists.

加拿大皇家银行人民币预测：美元兑换和财政希望使人民币走强。美元兑人民币汇率稳定在7.1163左右，随着市场评估中国的政策立场和贸易前景，人民币汇率保持在窄幅区间。加拿大皇家银行表示，中国当局似乎“倾向于人民币走强”，自4月以来，官员们一直下调每日固定汇率，以锚定预期和威慑。

RBC Chinese Yuan Forecast: CNY Strength Favoured Amid Dollar Conversion and Fiscal Hopes.The US Dollar to Chinese Yuan (USD/CNY) exchange rate held steady around 7.1163, with the yuan maintaining a narrow range as markets assess China's policy stance and trade outlook. RBC said Chinese authorities appear “biased for a stronger CNY,” with officials guiding the daily fix lower since April to anchor expectations and deter.