What’s In Store For Today: Chinese To Go

  • Australia NAB quarterly business confidence (prior -2.00) @ 00:30 GMT.
  • China house prices m/m (prior -1.4%) @ 01:30 GMT
  • Chinese fixed asset investment ( survey 20.2%, prior 20.2%) @ 02:00 GMT.
  • Chinese GDP y/y (survey 7.4%, prior 7.6%) @ 02:00 GMT.
  • Chinese industrial production y/y (survey 9.0%, survey 8.9%) @ 02:00 GMT.
  • Chinese retail sales y/y (survey 13.2%, prior 13.2%) @ 02:00 GMT.

The big event of the evening will be news out of China with GDP expectations running from a high of 8.0% to lows around 7.0%. Consensus is for it to come in around 7.4%, but given the recent strength of the Aussie (and recent PBOC Yuan fixings) we may see it a bit stronger than that. So maybe we do get that ‘soft’ landing for the Chinese economy later.

Good luck today.

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