Reply To: Traders Market Weekly: Cracks Widen in China and Emerging Markets

#74557
Truman
Participant

Equity indices in the Asia-Pacific region ended the week on a mixed note.

Japan’s Nikkei: +1.1% (-0.4% for the week),
Hong Kong’s Hang Seng: -0.8% (-2.8% for the week),
China’s Shanghai Composite: -0.2% (-0.1% for the week),
India’s Sensex: +0.1% (-1.9% for the week),
South Korea’s Kospi: UNCH (-1.9% for the week),
Australia’s ASX All Ordinaries: +1.0% (-0.4% for the week).

China
May Manufacturing PMI 49.5 (expected 50.5; last 50.4)
Non-Manufacturing PMI 51.1 (expected 51.5; last 51.2)

Japan
May Tokyo CPI 2.2% (last 1.8%) and Tokyo Core CPI 1.9% yr/yr, as expected (last 1.6%).
April Retail Sales 2.4% yr/yr (expected 1.8%; last 1.1%),
April Industrial Production -0.1% m/m (expected 1.5%; last 4.4%),
April Unemployment Rate 2.6%, as expected (last 2.6%),
April jobs/applications ratio 1.26 (expected 1.28; last 1.28).
April Housing Starts 13.9% yr/yr (expected -0.2%; last -12.8%) and Construction Orders 26.4% yr/yr (last 31.4%)

South Korea
April Industrial Production 2.2% m/m (last -3.0%); 6.1% yr/yr (last 1.0%).
April Retail Sales -1.2% m/m (last 1.1%)
April Service Sector Output 0.3% m/m (last -1.1%)

Hong Kong
April Retail Sales -14.7% yr/yr (last -7.0%)

Australia
April Private Sector Credit 0.5% m/m (expected 0.4%; last 0.4%)
Housing Credit 0.4% m/m (last 0.4%)