There is weekend data coming from China. Not a problem, you can stay out partying and whatever all weekend safely and then get back to the markets on Monday morning.

Over the weekend (I have it listed for Saturday, China time … but no firm time for the release at this stage) we get:

  • China trade balance for October: expected is +$42.00bn, prior was -$30.96bn
  • Exports for October: expected is +10.7%, prior was +15.3%
  • Imports for October: expected is +5.0%, prior was +7.0%

Last weekend we got the official China manufacturing PMI from the National Bureau of Statistics for October … which came in below the September reading and also below the consensus expectation. The poor figure was cited earlier in the week for the weak AUD on Monday.

Gotta say, it is still difficult to get a handle on China trade, with talk of fake invoicing skewing the data still going on:

I suppose if we get a strong trade results the concerns will be revived … again.

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Also, and not officially on the weekend (not for me, anyway) … 0130GMT on 10 November 2014 (that’s 8.30pm Sunday evening in US Eastern Time), China CPI and PPI:

  • CPI y/y for October, expected is -2.0% and prior was -1.8%
  • PPI y/y for October, expected is +1.6% and prior was +1.6%