Reply To: Traders Market Weekly: Inflation and the Fed


Investor sentiment was boosted by reports of more loosening of coronavirus restrictions in China.
Foxconn reportedly expects full production to resume in late December or early January.
The most recent reserve requirement ratio cut from the PBoC took effect today.
South Korea expects that its exports for 2022 will exceed $680 bln, representing a new record.
China’s November Caixin Services PMI 46.7 (expected 48.0; last 48.4)
Japan’s November Services PMI 50.3 (expected 50.0; last 50.0)
India’s November Nikkei Services PMI 56.4 (expected 55.4; last 55.1)
Singapore’s October Retail Sales 0.1% m/m (last 3.2%); 10.4% yr/yr (last 11.3%)
Hong Kong’s November Manufacturing PMI 48.7 (last 49.3)
Australia’s November Services PMI 47.6 (expected 47.2; last 49.3) and AIG Construction Index 48.2 (last 43.3). Q3 Company Gross Operating Profits -12.4% qtr/qtr (expected 0.3%; last 7.8%). Q3 Business Inventories 1.7% qtr/qtr (last 0.5%)