Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings

#43774
Truman
Participant

Japan’s Finance Minister Suzuki spoke again about the potential for an intervention in the currency market.
South Korea’s unemployment rate reached its lowest level in the 23-year history of the series.
Reserve Bank of Australia Governor Lowe said that rates are still too low at this time, adding that he sees “a few” rate hikes in the coming months. The RBA governor also said that inflation expectations for the mid-term are well anchored.
China’s August Industrial Production 4.2% yr/yr (expected 3.8%; last 3.8%), August Fixed Asset Investment 5.8% yr/yr (expected 5.5%; last 5.7%), August Retail Sales 5.4% yr/yr (expected 3.5%; last 2.7%), August House Prices -1.3% yr/yr (last -0.9%), and August Unemployment Rate 5.3% (expected 5.4%; last 5.4%)
South Korea’s August trade deficit $9.49 bln (last deficit of $9.47 bln). August Imports 28.2% yr/yr (last 25.6%) and Exports 6.6% yr/yr (last 15.9%). August Unemployment Rate 2.5% (last 2.9%). August Import Price Index 22.9% yr/yr (last 25.6%) and Export Price Index 13.4% yr/yr (last 15.9%)
Singapore’s August trade surplus SGD3.755 bln (last SGD3.538 bln). August non-oil exports -3.9% m/m (expected -3.8%; last 1.4%); 11.4% yr/yr (expected 8.3%; last 7.0%)
New Zealand’s August Business PMI 54.9 (last 53.5)