MACRO DATA Impacting Asia September 21 - 25


24 Sep

MACRO DATA Impacting Asia September 21 - 25

Key for all markets will be whether the US tech continues to sell off.  For Asia will also be Trumps actions against Chinese Tech companies.  
In Europe the resurgence of Covid cases in the UK and France will remain a concern.

Asian Markets will have little Macro data to guide them this week, the main releases being China’s Loan Prime Rate is not expected to change.

Overhanging the Japanese market will be whether PM Suga is going to call a snap election; I think he will as his popularity is high according to the polls.

Other Asian data this week includes;
Taiwan Exports Monday and then Industrial Production and Retail Sales Wednesday.
S Korean PPI on Tuesday,
Japan PMI and All Industry Activity Index Wednesday and then BoJ minutes Thursday.
Europe has no major data due on Monday or Tuesday but Wednesday we get PMI data.Thursday French Business Confidence, German Ifo and Friday European Area Loans data and French Unemployment data.
US Monday just Chicago Fed National Activity Index, Tuesday Existing Home Sales, Richmond Fed Manufacturing Index. Wednesday House Prices, PMI data, Thursday New Home Sales, Kansas Fed Manufacturing Index and Friday Durable Goods.


Monday 21 Sept
JAPAN 
No data due, market closed Respect the Aged Day
S KOREA  No data due
TAIWAN Export Orders
CHINA Loan Prime Rate
HONG KONG Inflation Rate
EUROZONE  No data due
GERMANY Bundesbank Monthly Report
FRANCE  No data due
UK  No data due US Chicago Fed National Activity Index
US Chicago Fed National Activity Index

Tuesday 22 Sept
JAPAN
No data due, market closed Autumnal Equinox Day
S KOREA PPI
TAIWAN Unemployment Rate
CHINA No data due
HONG KONG Current Account
EUROZONE Consumer Confidence (Flash)
GERMANY No data due
FRANCE No data due
UK No data due
US Existing Home Sales, Richmond Fed Manufacturing Index, Fed Chair Powell Testimony, API Crude Oil Stock Change

Wednesday 23 Sept
JAPAN 
PMI Flash Services, Manufacturing and Composite, All Industry Activity Index, BoJ Gov Kuroda Speech.
S KOREA No data due
TAIWAN Industrial Production, Retail Sales
CHINA No data due
HONG KONG No data due
EUROZONE PMI Flash Services, Manufacturing and Composite
GERMANY Gfk Consumer Confidence, PMI Flash Services, Manufacturing and Composite
FRANCE PMI Flash Services, Manufacturing and Composite
UK PMI Flash Services, Manufacturing and Composite
US MBA Mortgage Applications & 30 year Mortgage Rate, House Price Index, PMI Flash Services, Manufacturing and Composite, Fed Chair Powell Testimony, EIA Oil Report.

Thursday 24 Sept
JAPAN
BoJ Monetary Policy Meeting Minutes
S KOREA No data due
TAIWAN M2 Money Supply
CHINA No data due
HONG KONG Balance of Trade, Exports & Imports
EUROZONE Economic Bulletin, ECB General Council Meeting, EU Council Special Meeting
GERMANY Ifo Business Climate, Current Conditions
FRANCE Business Confidence and Climate Indicator
UK CBI Distributive Trades
US Initial Claims, 4 week ave initial claims, Continuing Claims, New Home Sales, Fed Chair Powell Testimony, EIA Gas Report, Kansas Fed Manufacturing Index.

Friday 25 Sept
JAPAN
No data due
S KOREA Consumer Confidence,
TAIWAN No data due
CHINA No data due
HONG KONG No data due
EUROZONE Loans to Households and Companies, EU Council Special Meeting
GERMANY No data due
FRANCE Unemployment Benefit Claims, Jobseekers Total
UK Consumer Confidence, Public Sector Net Borrowing, Car Production
US Durable Goods Orders Data, Baker Hughes Total Rig Count

Sunday 26 Sept
CHINA
Industrial Profits (YTD)

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