Property names outperformed in Hong Kong after China’s National Development and Reform Commission asked large banks to increase lending to manufacturers, developers, and infrastructure companies.
China reportedly lifted a lockdown near an Apple plant but a lockdown in Guangzhou was expanded.
Japan’s cabinet approved a JPY29.1 trln extra budget.
China’s October CPI 0.1% m/m (expected 0.3%; last 0.3%); 2.1% yr/yr (expected 2.4%; last 2.8%). October PPI -1.3% yr/yr (expected -1.5%; last 0.9%)
Japan’s September Current Account surplus JPY670 bln (expected surplus of JPY10 bln; last surplus of JPY100 bln). October Economy Watchers Current Index 49.9 (last 48.4). November Reuters Tankan Index 2 (last 5)
South Korea’s October Unemployment Rate 2.8% (last 2.8%)
Australia’s October Building Approvals -5.8% m/m (expected -7.0%; last 28.1%) and Private House Approvals -7.8% m/m (last 4.8%)
New Zealand’s October Electronic Card Retail Sales 1.0% m/m (last 1.3%); 16.6% yr/yr (last 28.6%)