I posted earlier on the Economic data due from Asia today - Japan GDP & 2 Fed speakers
There is Chinese data due today. Trade balance, for August. Timing is quite flexible on this.
It had been around (yeah, around, not precisely) 0200GMT but in recent months its been later (the July data was announced, in yuan terms, around 0208GMT). We normally get the 'yuan terms' and then the 'USD terms' follows.
Yuan terms
China trade balance for August:
- expected is CNY 335.70bn, prior was CNY 321.20bn
Exports y/y:
- expected is 8.7%, prior was 11.2%
Imports y/y:
- expected is 11.7%, prior was 14.7%
USD terms
China trade balance for August:
- expected is $48.45bn, prior was $46.73bn
Exports:
- expected is 6.0%, prior was 7.2%
Imports:
- expected is 10.0%, prior was 11.0%
OK, now about the weekend ...
August inflation data is due on Saturday 9 September 2017 at 0130GMT
CPI
- expected 1.7% y/y, prior 1.4%
PPI
- expected 5.7%, prior 5.5% y/y
And ... due anytime from Sunday 10 September through to Friday 15 September (this data has a 5-day 'window' for the release but its usually out toward the back end ... expect it Thursday or Friday afternoon (China time) next week) is financing data for August, money supply, new loans etc. I'll be back with more on this on a separate post.
ps. Economic reports from China will be generally on the stable to improving side (as far as authorities can manage) ahead of and through the huge Communist Party Congress, which begins on October 18. This is a twice-a-decade affair and is a very big deal.
More:
- China's Communist Party Congress begins October 18
- 5 things to watch for at the Chinese Communist Party Congress
Xi holding his own beer thank you very much
