Reply To: Traders Market Weekly: Impact of Global Risk Off Deleveraging

#65070
Truman
Participant

South Korea’s August CPI grew 1.0% m/m, its fastest pace since early 2011.
The Reserve Bank of Australia left its cash rate at 4.10%, as expected.

Japan’s July Household Spending -2.7% m/m (expected 0.7%; last 0.9%); -5.0% yr/yr (expected -2.5%; last -4.2%).

South Korea’s August CPI 1.0% m/m (expected 0.3%; last 0.1%); 3.4% yr/yr (expected 2.7%; last 2.3%). Q2 GDP 0.6% qtr/qtr (expected 0.3%; last 0.6%); 0.9% yr/yr, as expected (last 0.9%)

Singapore’s July Retail Sales 0.6% m/m (last -0.8%); 1.1% yr/yr (last 1.0%)

Australia’s Q2 Current Account surplus AUD7.7 bln (expected surplus of AUD8.0 bln; last surplus of AUD12.5 bln).