Chinese equities will resume trading on Monday, but markets in Japan and South Korea will be closed to start next week.
Japan’s Prime Minister Kishida confirmed that additional steps will be taken to offset higher gas prices. South Korea’s finance ministry noted that it will be prepared to provide foreign exchange liquidity to financials if needed.
China’s September FX Reserves $3.029 trln (expected $3.000 trln; last $3.055 trln)
Japan’s August Household Spending -1.7% m/m (expected 0.2%; last -1.4%); 5.1% yr/yr (expected 6.7%; last 3.4%). August overall wage income 1.7% yr/yr (last 1.3%). August Leading Index 2.0% m/m (last -1.4%) and Coincident Indicator 1.6% m/m (last 0.9%)