Reply To: Traders Market Weekly: Expect the Unexpected


China’s September CPI 0.3% m/m (expected 0.4%; last -0.1%); 2.8% yr/yr, as expected (last 2.5%). September PPI 0.9% yr/yr (expected 1.0%; last 2.3%)
South Korea’s September Unemployment Rate 2.8% (expected 2.5%). September Import Price Index 24.1% yr/yr (last 22.9%) and Export Price Index 15.2% yr/yr (last 13.0%)
India’s September WPI Inflation 10.70% (expected 11.50%; last 12.41%)
Singapore’s Q3 GDP 1.5% qtr/qtr (last -0.2%); 4.4% yr/yr (expected 3.4%; last 4.5%)
New Zealand’s September Business NZ PMI 52.0 (expected 54.8)
Japan may reportedly lift its cap on the lifespan of nuclear reactors.
Bank of Japan Governor Kuroda said that CPI is expected below 2.0% in 2023 and that now is not the appropriate time to raise rates.
China Securities Journal speculated that the yuan will not depreciate in the medium to long term and that authorities have room to stabilize markets.