MACRO DATA IMPACTING ASIA 20 to 27 July


24 Jul

MACRO DATA IMPACTING ASIA 20 to 27 July
This week overhangs for the market still include; Covid-19 cases, China Tensions with US, UK, EU, Australia and India.  But now we also have earnings underway; with the Pharmaceutical names being watched closely but also the stay at home tech names after the disappointing numbers from Netflix analysts may be reviewing their numbers for the other key stay at home names.
Key US earnings include: IBM, Lockheed Martin, Coca-Cola, Texas Instruments, Snap, United Airlines, Lockheed Martin, Coca-Cola, Texas Instruments, Snap, United Airlines, AT&T, Union Pacific, Tractor Supply, Twitter, Southwest Airlines, American Airlines, Intel, Skyworks, Boston Beer, Honeywell International, American Express, Verizon.

Key data this week
We will start with Japanese Trade Data which is expected to have shown an improvement and Chinese Loan Prime Rate, the expectation is for no change and Taiwanese export orders; slight improvement expected.
Later we get Japanese Inflation PMI and S Korean PPI and GDP growth. Taiwanese Industrial Production and Retail Sales
European Consumer Confidence and PMI data
US Housing Data and PMI data and of more than normal interest in the TIPS auction as investors consider the prospects for inflation.

Monday 20 July
JAPAN Balance of Trade, Exports Imports and BoJ meeting notes
S KOREA No data due
TAIWAN Export Orders
CHINA Loan Prime Rate 1 & 5 year rate
HONG KONG Unemployment
EUROZONE Current Account
GERMANY PPI
FRANCE No data due
UK No data due
USA No data due

Tuesday 21 July
JAPAN Inflation Rate, Core Inflation,
S KOREA PPI
TAIWAN No data due
CHINA No data due
HONG KONG Inflation Rate
EUROZONE No data due
GERMANY No data due
FRANCE No data due
UK Public Sector Net Borrowing
USA Chicago Fed National Activity Index, Redbook, API Crude Oil Stock Change

Wednesday 22 July
JAPAN PMI Flash (Manufacturing, Service and Composite)
S KOREA No data due
TAIWAN Unemployment Rate
CHINA No data due
HONG KONG No data due
EUROZONE No data due
GERMANY No data due
FRANCE No data due
UK No data due
USA MBA Mortgage Applications and 30 year Mortgage Rate, House Price Index, Existing Home Sales, EIA Oil and Gasoline Report.

Thursday 23 July
JAPAN No data due
S KOREA GDP Growth Rate
TAIWAN Industrial Production and Retail Sales
CHINA No data due
HONG KONG No dR Due
EUROZONE Consumer Confidence
GERMANY Consumer Confidence
FRANCE Business Confidence, Business Climate Indicator
UK CBI Business Optimism, CBI Industrial Trends Orders
USA Initial Claims, Jobless 4 week average, CB Leading Index, EIA Natural Gas Change, Kansas Fed Manufacturing, 10 yr TIPS Auction

Friday 24 July
JAPAN No data due
S KOREA No data due
TAIWAN M2 Money Supply
CHINA No data due
HONG KONG No data due
EUROZONE PMI Flash (Manufacturing, Service and Composite)
GERMANY PMI Flash (Manufacturing, Service and Composite)
FRANCE PMI Flash (Manufacturing, Service and Composite)
UK Consumer Confidence, Retail Sales
USA PMI Flash (Manufacturing, Service and Composite), New Home Sales, Baker Hughes Total Rig Count

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