News Flow is Light on Monday, Picking Up Pace on Tuesday Morning
August 10, 2018 2:30 pmVideo
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No publications have set release time on Monday, but there are some events on Tuesday morning, so let’s take a closer look.
Australian NAB Business Confidence for July opens this agenda at 1:30 on Tuesday morning. The business confidence index edged down by 1 point to plus 6 index points in June, continuing an around-average trend after easing back in recent months.
Then a total of three July publications regarding China economy are scheduled at 2 AM GMT, including retail sales. Growth accelerated in June by a half a percent to 9%.
Industrial Production is the second item out at this time. Production was 6% up from a year ago in June, slower than the 6.8%, which was posted in May.
Fixed Asset Investment release wraps up the 2 AM data run. Investment growth continued slowing down in the year to June and it hasn’t been in double digit territory since 2016.
Revised Japanese Industrial Production for June wraps up this agenda at 4:30 in the morning. According to preliminary report, production dropped by 2.1%.
I’m Kiays Khalil and this was the Economic Calendar for Monday. Bye for now.
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