Reply To: Traders Market Weekly: Santa Brought Coal in 2022


Komatsu reported that excavator demand from China was down 11.3% yr/yr, representing the ninth consecutive decline. Japan’s largest industrial union will reportedly seek a 6.0% total salary increase during spring wage talks.
China’s November New Loans CNY1.21 trln (expected CNY1.35 trln; last CNY615.20 bln) and Total Social Financing CNY1,999 bln (expected CNY2,100 bln; last CNY907.9 bln)
Japan’s November PPI 0.6% m/m (expected 0.5%; last 0.6%); 9.3% yr/yr (expected 8.9%; last 9.1%). Q4 BSI Manufacturing Conditions -3.6 (expected 2.3; last 1.7). November Machine Tool Orders -7.8% yr/yr (last -5.5%)
New Zealand’s October Visitor Arrivals 6.8% m/m (last 16.6%)