Reply To: Traders Market Weekly: Holiday Sales and Jobs

#47994
Truman
Participant

Hong Kong’s October CPI 1.8% yr/yr (expected 2.0%; last 4.4%)
New Zealand’s October Credit Card Spending 24.8% yr/yr (last 34.0%)
There were continued concerns about China maintaining its zero-COVID policy, which would put continued pressure on growth.
Macau stepped up its coronavirus testing requirements for visitors from the mainland.
Property developers underperformed after the People’s Bank of China maintained its one- and five-year loan prime rates.
The approval rating of Japan’s cabinet has fallen to a fresh low of 30.5%. The Reserve Bank of New Zealand shadow board expects the official cash rate to be increased by 75 bps on Wednesday.