Reply To: Traders Market Weekly: Jobs and Central Bankers

#40802
Truman
Participant

Japan’s June Corporate Services Price Index 2.0% yr/yr, as expected (last 1.9%) and June BoJ Core CPI 1.6% yr/yr (last 1.5%)
South Korea’s Q2 GDP 0.7% qtr/qtr (expected 0.4%; last 0.6%); 2.9% yr/yr (expected 2.5%; last 3.0%)
Singapore’s June Industrial Production -8.5% m/m (expected -6.3%; last 9.2%); 2.2% yr/yr (expected 6.0%; last 10.4%)
Developer stocks in China outperformed after the recent announcement of a government real estate fund.
The Bank of Japan’s policy minutes from the June meeting showed an agreement to support the Japanese economy, which is being pressured by rising commodity prices.
South Korea’s finance minister expects inflation to peak in September or October.