Reply To: Traders Market Weekly: Geopolitics, ECB and Apple

#43195
Truman
Participant

China’s August trade surplus $79.39 bln (expected surplus of $92.70 bln; last surplus of $101.26 bln). August Imports 0.3% yr/yr (expected 1.1%; last 2.3%) and Exports 7.1% yr/yr (expected 12.8%; last 18.0%)
Japan’s July Leading Index 99.6 (last 100.3) and Coincident Indicator 1.4% m/m (last 3.3%)
South Korea’s July Current Account surplus $1.09 bln (last surplus of $5.61 bln)
Australia’s Q2 GDP 0.9% qtr/qtr (expected 1.0%; last 0.7%); 3.6% yr/yr (expected 3.5%; last 3.3%). August AIG Services Index 53.3 (last 51.7)
Japan’s former top currency diplomat Watanabe said that the Bank of Japan should only respond to persistent yen weakness if margins become impacted.
China Securities Times pushed back against concerns regarding the yuan’s fall to 7.0000 per dollar.
China’s trade surplus missed August expectations due to below-consensus growth in imports and exports.
Reserve Bank of Australia Governor Lowe will speak about inflation and monetary policy tomorrow.