Chinese data is later in the session today, after I’ve handed over the keys to the ForexLive econo-scope to Mike.
At 0530GMT:
- Industrial Production for August y/y: expected is a slight gain to +9.9% from July’s 9.7%
(ps. Although its only a slight gain expected, I would not be very surprised if the gain was greater given the outperformance of the Shanghai Composite the past days).
- Industrial Production for August YTD y/y: expected is +9.4%, prior +9.4%
- Retail Sales for August y/y: Again a slight gain expected to 13.3% from 13.2% prior
- Retail Sales August YTD y/y: expected 12.9% and 12.8% prior
- Fixed Assets Investments (excl. rural) YTD y/y for August: expected +20.2% from 20.1%
We are also waiting on money supply and new loans data. There is no fixed time or date for these, they could come any time today or in the next few days.
Shanghai Composite – daily candles:
