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Economic and event calendar in Asia Tuesday, January 20, 2026: China interest rate setting
Key Takeaways (30s Read)
On January 20, focus on NZ's services PMI and China's interest rate decisions.
On January 20, the economic agenda in the Asia-Pacific is light, with a focus on New Zealand's services PMI and interest rate decisions in China. New Zealand’s manufacturing PMI rose to 56.1, the highest since December 2021, suggesting a positive outlook for the NZD. With expectations of improvement in the services PMI, this could further support the NZD. In China, the People's Bank will set the USD/CNY reference rate and announce the Loan Prime Rates (LPR). Expected to remain unchanged for the eighth consecutive month, the stability in policy rates could bolster market confidence. Traders should pay close attention to these developments.
AI Analyst
AI Opinion
"Currently, there is heightened expectation for the NZD as New Zealand's services PMI is set to be released. Continuous growth in the manufacturing sector is a positive signal for the NZD. The stability in China’s policy rates might also have a favorable impact on the market; however, given there have been no changes for several months, sudden movements are not anticipated. This suggests that traders should operate in a less volatile environment in the short term. With key economic indicators being released, careful risk management is crucial."
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