Singapore’s Q2 Unemployment Rate 1.9%, as expected (last 1.9%)
India’s August WPI Inflation -0.5% yr/yr (expected -0.6%; last -1.4%)
The People’s Bank of China will lower the reserve requirement ratio for all banks by 25 bps tomorrow.
Komatsu noted that excavator demand in China was down 5.3% yr/yr in August, representing the fifth consecutive decrease.