Morning Bid: Amid the fog, look out for China GDP this week

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A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

People walk past the headquarters of the People's Bank of China , the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File PhotoIn terms of the Asian economic calendar on Monday investors have Japanese industrial production, Indonesian trade and Indian wholesale price inflation figures on their plate, while on Thursday the central banks of South Korea and Indonesia deliver their latest policy decisions and outlooks.

The property sector's travails, threat of deflation, soaring youth unemployment, foreign outflows from Chinese stocks and bonds, and the exchange rate's slide to a 16-year low are well documented. How much damage will all that do to China's growth in Q3? On the market front there was a mixed performance last week, with sentiment dominated by twists and turns in U.S. Treasuries and Fed rate expectations against the backdrop of tension and uncertainty surrounding events in the Middle East.

 

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