Its almost a clear deck into the Chinese August data

2230 GMT New Zealand Manufacturing PMI for Aug,

BusinessNZ PMI

  • prior 51.2, lowest since Dec 2017 and sitting below its longer run average.
  • Eyes are on the slump in business confidence and its impact on the indicators. Which are holding in there.

0110 GMT BOJ JGB buying operation scheduled

  • 1 - 3 years, 3 - 5 years remaining until maturity

0200 GMT China August activity data

  • Industrial Production y/y expected is 6.1%, prior was 6.0%
  • industrial production YTD y/y expected is 6.5%, prior was 6.6%
  • Fixed Assets (excluding rural) YTD y/y, expected is 5.6%, prior was 5.5%
  • Retail Sales y/y, expected is 8.8%, prior was 8.8%
  • Retail Sales YTD y/y, expected is 9.3%, prior was 9.3%

I'll be back on a separate post with more to come on the China data