Evergrande’s headquarters in Hong Kong have reportedly been seized by a lender. Chinese health authorities are encouraging people to avoid travel during next National Day holidays at the start of October. Japan’s deputy chief cabinet secretary said that the yen’s movement is being watched with a strong sense of urgency. Reserve Bank of Australia Governor Lowe said that the case for slower rate hikes becomes clearer as rates rise.
China’s August FX Reserves $3.055 trln (expected $3.079 trln; last $3.104 trln)
Japan’s Q2 GDP 0.9% qtr/qtr (expected 0.7%; last 0.5%); 3.5% yr/yr (expected 2.9%; last 2.2%). Q2 Capital Expenditure 2.0% qtr/qtr (expected 1.8%; last 1.4%) and Q2 Private Consumption 1.2% qtr/qtr (expected 1.1%; last 0.1%). July Current Account surplus JPY229 bln (expected surplus of JPY714 bln; last deficit of JPY132 bln). August Economy Watchers Current Index 45.5 (last 43.8)
Australia’s July trade surplus AUD8.733 bln (expected surplus of AUD14.50 bln; last surplus of AUD17.13 bln). July Imports 5.0% m/m (last 0.7%) and Exports -10.0% yr/yr (last 4.9%)
New Zealand’s Q2 Manufacturing Sales Volume -4.9% qtr/qtr (last -3.5%)