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APAC Week Ahead Preview: Singapore Monetary Policy; Caixin PMI

Published 07/10/2018, 10:26
Updated 05/03/2021, 15:50
  • Trade data from China, Taiwan, and the Philippines
  • Other data from China include Caixin services PMI, new loans and credit, and FDI
  • Singapore sets monetary policy and releases flash Q3 GDP
  • US inflation
  • Special focus on APAC's vulnerabilities to slower Chinese economic growth
  • With worries over trade wars and tariffs dominating the political and economic agenda, the release of trade data from several key Asian countries in the coming week will provide important clues as to trade performance in the region, notably for China. An especially busy data calendar for China after the Golden Week also includes Caixin Services PMI plus data on credit, money supply and foreign direct investment.

    The main central bank action comes from Singapore, where the monetary policy is accompanied by the advance estimate of third quarter GDP.

    Other data highlights for Asia include Malaysia's industrial production numbers, South Korea's unemployment data, Japan's machinery orders and current account, Philippine and Taiwan trade data, plus India's inflation and industrial production figures. Elsewhere, UK monthly GDP data and US inflation numbers warrants close attention.

    Our special focus this week looks at how trade tensions are weighing on an already-weakening rate of economic expansion in China, and the likely impact on the rest of the APAC region.

    Please find the entire report below:

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    In no event shall Markit be liable for any special, incidental, or consequential damages, arising out of the use of the data. Purchasing Managers' Index™ and PMI™ are either registered trademarks of Markit Economics Limited or licensed to Markit Economics Limited. Markit is a registered trade mark of Markit Group Limited."

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