A quieter data calendar in Asia next week will feature inflation numbers from both Japan and Singapore while Bank Indonesia meets to decide on policy rates. The People’s Bank of China will release its benchmark lending rates. China Loan Prime Rates: The People’s Bank of China will release its benchmark lending rates, the five-year and one-year loan prime rate. We are expecting it to follow the medium-term lending facility (MLF) rate to stay put. Activity data released in the past few months have shown modest improvement in China’s recovery, which together with concern about the weakness of the CNY, mean that rate ... (full story)