October data due today from China at 0200 GMT
I posted a preview earlier here: China data due today - what to expect (quickie)
But, if its just numbers you want...
Industrial Production,
- expected 6.3% y/y, prior 6.6%
Fixed Assets (excluding rural),
- expected 7.3%, prior 7.5%
Retail Sales
- expected 10.5%, prior 10.3%
Preview ... this via Capital economics:
- We expect investment growth to have continued to slow in October due to higher borrowing costs.
- Meanwhile, weaker capital spending should have weighed on industrial output last month, alongside the disruption caused by efforts to reduce pollution levels.
- But the shift in the timing of mid- autumn festival to October this year should have boosted retail sales.
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And, also for CapEco, a l preview of what is due later in the week from China:
- We should also get the October credit data over coming days. Tighter monetary conditions and seasonal factors are likely to have helped slow net new lending. We also anticipate slower year-on-year growth in outstanding bank loans and total social financing (TSF).
