AUTOREFRESH 
CHINA: RBC Capital Market strategists note that this.
CHINA: RBC Capital Market strategists note that this week’s Chinese
data (covering the first 2 months of 2010) will be hard to interpret,
with the timing of the Chinese New Year holidays complicating the data.
Much of China’s data is presented in y-o-y format, so the upcoming data
will likely be skewed (5 fewer days in Feb ’10 vs Feb ’09). With no set
date, (March 10-15) the market will first eye Money Supply data (M2
consensus at 25%) and New Yuan loans (consensus at CNY600bn). Weds
highlights include Trade (consensus balance at +$7.15bn) and imports
(38.00%) and exports (38.30%) and Thursday’s highlights include PPI
(y-o-y at 5.10% expected) and CPI (y-o-y at 2.50% exp) along with Retail
Sales (y-o-y at +18.10%) and industrial production (y-o-y at 19.00%).
Add a comment