CHINA’S NPC SPOKESMAN: NPC WILL HOLD ANNUAL MEETING IN BEIJING FROM MARCH 5 TO MARCH 11

Speaking at a news conference on Monday, China's National People's Congress (NPC) spokesman Lou Qinjian said that Congress will hold its annual meeting in Beijing from March 5 to March 11.

Lou said that the government “will make new laws to deepen economic reform including in financial institutional reform to promote private companies.”

Market reaction

AUD/USD Is losing 0.05% on the day to trade at 0.6518, at press time, unable to find any inspiration from the above comments.