Macro Data impacting Asia Nov 22 - 27.


22 Nov

This and previous notes can be found at SubStack ( Asian Market Sense )
Check out ERI-C.com for your research needs

Holiday shortened trading week with Japan closed Tuesday and US Thursday for Thanksgiving with many likely to take Friday off as well; which means a big data dump on Wednesday.
Earnings winding down but covid resurging and with protests in Europe over increased social distancing rules. A concern as the cold winter weather approaches.
Oil prices in focus with news expected about releasing strategic reserves from Japan and US.
Biden expected to announced who will be Fed Chairman this week.


Monday 22 November

AUSTRALIA  No data due
JAPAN 
No data due
S KOREA
20 day Exports Nov 27.6% YoY vs 36.1% prior
20 day Imports Nov 41.9% YoY vs 48.0% prior
TAIWAN Export Orders, Unemployment Rate.
CHINA  Loan Prime Rate
HONG KONG Inflation Rate,
Earnings Elong (780)
Ex Div Link Reit(823) and Powerlong Comm (9909
EUROZONE Consumer Confidence
GERMANY No data due
FRANCE No data due  
UK No data due  
US Chicago Fed National Activity Index, Existing Home Sales
Earnings: Zoom Video, Jack in the Box, Agilent, Urban Outfitters

Tuesday 23 November
AUSTRALIA  
Flash PMI’s (Manufacturing, Services & Composite)
JAPAN Market closed Labour Thanksgiving Day
S KOREA Consumer Confidence
TAIWAN Industrial Production and Retail Sales.
CHINA No data due
HONG KONG No data due  Earnings from Kuaishou (1024), Xpeng (9868) CTF (1929)
EUROZONE Flash PMI’s (Manufacturing, Services & Composite)
GERMANY Flash PMI’s (Manufacturing, Services & Composite)
FRANCE Flash PMI’s (Manufacturing, Services & Composite)
UK Flash PMI’s (Manufacturing, Services & Composite)
US Redbook, Flash PMI’s (Manufacturing, Services & Composite), Richmond Fed Manufacturing Index, Manufacturing Shipments  Index and Services Index.
Earnings   HP, Dell Technologies, Abercrombie & Fitch, Best Buy, Nordstrom, Gap, VMWare, Cracker Barrel, American Eagle Outfitters, Dick’s Sporting Goods, Pure Storage, AutoDesk, Dollar Tree, JM Smucker

Wednesday 24 November
AUSTRALIA  
Construction Work Done
JAPAN Flash PMI’s (Manufacturing, Services & Composite)
S KOREA 
Business Confidence
TAIWAN M2 Money Supply
CHINA 
No data due  
HONG KONG 
No data due Earnings China Ed (839), Huazhu (1179), Vitasoy (345), Ali Health (241), CDC (341).
EUROZONE 
No data due
GERMANY 
Ifo Business Climate, Current Conditions and Expectations.
FRANCE 
Business Confidence  & Climate Indicator
UK 
CBI Industrial Trends
US API Crude Oil Stock Change, MBA 30 yr Mortage Rate,  Applications, Purchase Index Refinance Index and Mortgage Market Index, Durable Goods Orders, Goods Trades Balance, Wholesale Inventories, Retail Inventories, Initial Claims, 4 week Average Claims Continuing Claims, GDP (Price Index, Growth Rate, Sales)  Corporate Profits, Real Consumer Spending, Core PCE, PCE Prices, New Home Sales, Personal Income  & Spending, PCE Price Index, New Home Sales, Michigan Data (Sentiment, Inflation Expectations, 5 yr Inflation, Current Conditions, Consumer Expectations), EIA Crude Oil Change &  Gss Report, FOMC minutes
Earnings  Deere

Thursday 25 November
AUSTRALIA  
Building Capital Expenditure, Plant & Machinery Expenditure and Private Capital Expenditure.
JAPAN Coincident  & Leading Economic Index
S KOREA No data due  
TAIWAN 
No data due  
CHINA No data due  
HONG KONG 
Balance of Trade,  Exports & Imports.
Ex Div CIFI (884) rights issue, Man Wah (1999) and New World (17)
EUROZONE 
ECB  Monetary Policy Meeting Accounts
GERMANY GfK Consumer Confidence, Growth Rate
FRANCE 
Unemployment Benefit Claimes, Jobseekers Total
UK CBI Distributive Trades
US Market closed Thanksgiving

Friday 26 November
AUSTRALIA  
Retail Sales
JAPAN Tokyo CPI & Core CPI, Foreign Stock and Bond Investment
S KOREA BoK Interest Rate Decision
TAIWAN 
GDP Growth Rate
CHINA No data due  Earnings Pinduoduo
HONG KONG 
No data due.  Earnings Meituan (3690), Yidu (2158), Leipin (6100), Honma (6858), Hypebeast (150),  
EUROZONE Loans (to Households & Companies) M3 Money Supply
GERMANY 
Import Prices
FRANCE 
Consumer Confidence
UK 
Car Production
US Baker Hughes Rig Count  

Saturday 27 November
China
Industrial Profits

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