Reply To: Traders Market Weekly: Yield Inversion Therapy Kill Growth To Kill Inflation

#35042
Truman
Participant

China’s March Manufacturing PMI 49.5 (expected 49.9; last 50.2) and March Non-Manufacturing PMI 48.4 (last 51.6)
Japan’s February Industrial Production 0.1% m/m (expected 0.5%; last -0.8%). February Housing Starts 6.3% yr/yr (expected 1.1%; last 2.1%) and Construction Orders -2.3% yr/yr (last 11.0%)
South Korea’s February Industrial Production 0.6% m/m (last 0.3%); 6.5% yr/yr (expected 4.5%; last 4.2%). February Retail Sales 0.1% m/m (last -1.9%). April Manufacturing BSI Index 83 (last 91)
Australia’s February Building Approvals 43.5% m/m (expected 10.0%; last -27.1%) and Private House Approvals 16.5% m/m (last -16.3%)
Hong Kong’s February Retail Sales -14.6% yr/yr (last 4.1%)

Shanghai is reportedly remaining under a coronavirus lockdown.
China’s Manufacturing PMI dipped into contraction for the first time since October.
Japan is reportedly considering a JPY2 trln stimulus package.
The Bank of Japan continued its fixed rate buying operations.