Reply To: Traders Market Weekly: Bear Jitters as Risk Factors Deepen

#36943
TradersCom
Keymaster

China’s April House Prices 0.7% yr/yr (last 1.5%)
Japan’s Q1 GDP -0.2% qtr/qtr (expected -0.4%; last 0.9%); -1.0% yr/yr (expected -1.8%; last 3.8%). Q1 GDP Capital Expenditure 0.5% qtr/qtr (expected 0.7%; last 0.4%) and Q1 GDP External Demand -0.4% qtr/qtr (expected -0.3%; last 0.1%). March Industrial Production 0.3% m/m, as expected (last 2.0%) and Capacity Utilization -1.6% m/m (last 1.5%)
Australia’s Q1 Wage Price Index 0.7% qtr/qtr (expected 0.8%; last 0.7%); 2.4% yr/yr (expected 2.5%; last 2.3%). April MI Leading Index -0.2% m/m (last 0.3%)
Former Bank of Japan policymaker Sakurai said that there is a chance that the central bank will adjust its yield curve control policy in the fall, adding that the yen could weaken to 140 per dollar.
South Korean think tank KDI raised South Korea’s forecast for 2022 CPI to 4.2% from 1.7% while the growth forecast was reduced to 2.8% from 3.0%.
The Chinese government will reportedly offer subsidies to some car buyers.