Asian markets will get key economic signals this week that could determine monetary policy in the continent's two biggest economies - retail sales and industrial production and house prices from China, and Japanese GDP and inflation.
The biggest fireworks on Monday's economic data calendar could come from India. Annual consumer price inflation is expected to show a sharp rebound in July to 6.40% from 4.8%, and a slowdown in wholesale price deflation to -2.4% from -4.1%. Caution may morph into outright gloom on Monday, however, after China's biggest privately-owned developer Country Garden said it will suspend trading of its 11 onshore bonds.
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Source: Reuters - 🏆 2. / 97 Read more »