Reply To: Traders Market Weekly: Avoid Whiplash, Fasten Your Seatbelts

#33472
Truman
Participant

China’s January Caixin Services PMI 51.4 (last 53.1)

Japan’s December Leading Index 0.4% m/m (last 1.7%) and Coincident Indicator -0.2% m/m (last 3.0%)

Australia’s January Retail Sales -4.4% m/m (expected -4.4%; last 7.3%); 8.2% qtr/qtr (expected 8.1%; last -4.4%). December AIG Services Index 56.2 (last 49.6) and MI Inflation Gauge 0.4% m/m (last 0.2%)

Domestic tourism was down 2% during the Lunar New Year holiday in China while box office sales were down 23%.
Press reports indicated that China has not meaningfully complied with the Phase 1 trade deal.
China’s Caixin Services PMI fell to its lowest level since August in the January reading.