Loading page content
Data from FRED. Forecasts by Sigmanomics Forecast Engine.
ChinaChina China Interbank Rate held to 1.54 Percent in June 2026
FREDMonthlyReleased July 2026
China China Interbank Rate held to 1.54 Percent in June 2026, released July 2026.
Latest Release
1.540000
Actual
—
Consensus
1.540000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.68 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.29 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
China Interbank Rate (China) was reported at 1.54 Percent in June 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 1.64 Percent, ranging from 1.51 Percent to 1.75 Percent across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 1.52 Percent, down from the prior three at 1.68 Percent. Volatility over the past year (σ 0.08 Percent) is lower than the prior year (σ 0.15 Percent). In July readings over the past 3 years, China Interbank Rate has averaged 1.84 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NBS Non Manufacturing PMI (Sep 30) and NBS Manufacturing PMI (Sep 30).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
China Interbank Rate - CN
Loading chart data...
About China Interbank Rate — China
DEFINITION
China's Interbank Rate for May registered at 1.510000%, down from April's 1.640000%, marking a continued decline in short-term borrowing costs. This drop from April to May signals easing liquidity conditions in the banking sector. Market participants will watch for further central bank moves amid this downward trend. Updated 7/17/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 1.54 Percent. Prior reading (Jun 2026): 1.51 Percent. Before that (May 2026): 1.51 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bearish USD, r=-0.68) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - CN Events
| Monday, September 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | CN | Industrial Profits YoY | 17.6 | 18 | 18.00 | Low | |