China’s Manufacturing PMI reached its highest level in nearly 11 years in the February reading while Japan’s Manufacturing PMI contracted for the fourth month in a row.
China’s February Manufacturing PMI 52.6 (expected 50.5; last 50.1) and Non-Manufacturing PMI 56.3 (expected 55.0; last 54.4). February Caixin Manufacturing PMI 51.6 (expected 50.2; last 49.2)
Japan’s February Manufacturing PMI 47.7 (expected 47.4; last 48.9)
The U.S. may reportedly revoke all of Huawei’s export licenses.
Japan’s foreign minister will skip this week’s meeting of G-20 foreign ministers in India.
South Korea’s February trade deficit $5.30 bln (expected deficit of $6.06 bln; last deficit of $12.65 bln). February Imports 3.6% yr/yr (expected 4.0%; last -2.8%) and Exports -7.5% yr/yr (expected -8.7%; last -16.6%)
India’s February Manufacturing PMI 55.3 (expected 54.3; last 55.4)
Australia’s January AIG Manufacturing Index -6.4 (last -17.1) and February Manufacturing PMI 50.5 (expected 50.1; last 50.0). Q4 GDP 0.5% qtr/qtr (expected 0.8%; last 0.7%); 2.7% yr/yr, as expected (last 5.9%). February CPI 7.4% yr/yr (expected 8.1%; last 8.4%)