Heaps of data from China on Tuesday, due at 0200GMT (13 December 2016)
So, just to be clear, not today but on Tuesday morning (China time)
- November Industrial Production y/y expected is 6.1%, prior was 6.1%
- November industrial production YTD y/y expected is 6.0%, prior was 6.0%
- November Fixed Assets (excluding rural) YTD y/y, expected is 8.3%, prior was 8.3%
- November Retail Sales y/y, expected is 10.2%, prior was 10.0%
- November Retail Sales YTD y/y, expected is 10.3%, prior was 10.3%
Data from China ahs, generally, been on the improve, led by better PMIs a few months ago.
having said that, Industrial Production is expected to be unchanged from October, albeit at a strong +6.1% y/y gain.
Retail Sales are expected to show an improvement ... and given the October result was the worst for around 10 years probably not unexpectedly.
Graphs via Bloomberg
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Later this week we'll get financing numbers for November:
- Aggregate financing
- New yuan loans
- Money supply
More on these later in the week (expectations for these are currently all for higher than in October)