Plenty of data due from China today, all of it due at 0200GMT:
December Retail Sales y/y,
- expected is +11.7%, prior was +11.7%
December Retail Sales YTD y/y,
- expected is +12.0%, prior was +12.0%
December Industrial Production y/y
- expected is +7.4%, prior was +7.2%
December Industrial production YTD y/y
- expected is +8.2%, prior was +8.3%
December Fixed Assets (excluding rural) YTD y/y,
- expected is +15.7%, prior was +15.8%
And, the big one for today …. Q4 GDP
For the y/y GDP for Q4
- expected is +7.2%
- prior was +7.3%
For the q/q, expected is +1.7%, prior was +1.9%
I’ll be back with more for what to look for in the GDP figures – this data point has added significance today
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ps. Nothing on the data agenda from Japn this session and only a minor point for Australia (due at 2230GMT is the ANZ Roy Morgan weekly Consumer Sentiment, for the week ended January 18 … prior was 112). From NZ, its been and gone,NZIER Q4 New Zealand business confidence 23)
