South Korea’s August Manufacturing BSI Index 80 (last 82)
Australia’s June Retail Sales 0.2% m/m (expected 0.5%; last 0.9%). Q2 Import Price Index 4.3% qtr/qtr (last 5.1%) and Export Price Index 10.1% qtr/qtr (last 14.6%)
New Zealand’s July ANZ Business Confidence -56.7 (last -62.6)
Mitsubishi Motors raised its outlook for FY22 and noted that the chip shortage has eased more than expected.
Hong Kong will lower its growth forecast.
FT reported that the People’s Bank of China is planning a $148 bln bailout of property developers.
Australia’s treasurer said that inflation is expected to peak at 7.75% in Q4.