The data calendar is almost bare today. From South Korea we'll be getting Q2 GDp, preliminary

  • expected 0.5% q/q, prior 0.6%
  • expected 0.8%, prior 0.3%
  • due at 2300 GMT, 1900 US Eastern time

I see China is promising more stimulus:

Lets see if there is any 'flood-like' stimmy resulting. I doubt it but will have an eye on headlines anyway. And at 0115 GMT (2115 US Eastern time) is the regular PBOC CNY reference rate setting. The Bank has placed a lid on USD/CNY above 7.25. A part of more stimulus may be to let the yuan fall further though.

usdcnh Economic calendar in Asia 25 July 2023