Via ING, preview thoughts:

  • China will release its GDP report for the first quarter and activity data for March.
  • We expect GDP growth at 3.8%YoY, with consumption and infrastructure investment as the major drivers. Strong loan growth in March should support faster infrastructure investments.
  • Retail sales should continue to recover.
  • However industrial production will be affected by weak external demand.
  • We will be monitoring how quickly infrastructure investment grows amid strong loan growth.
  • We will also look at the details of retail sales to find clues on consumption recovery, whether it is broad-based and how fast it can grow in the coming months.
Economic calendar in Asia 18 April 2023
  • This snapshot from the ForexLive economic data calendar, access it here.
  • The times in the left-most column are GMT.
  • The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.