A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist.
"Clearly, we've seen a significant slowdown in the Chinese economy the last couple of months," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "The government is pulling some levers to bring economy back, but they need to do more, and their consumers need to show more confidence than they are currently showing."
China will begin the week assessing the human and economic damage left in the wake of Typhoon Saola, whichbarreled into southeastern Taiwan, prompting the evacuation of thousands.a summit of the Association of Southeast Asian Nations , according to Beijing's foreign ministry. On the economic front, South Korea's CPI is expected to heat up on Tuesday, China and India post services PMI reports and China trade balance is expected on Wednesday.
On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday.Here are key developments that could provide more direction to markets on Monday:Reporting by Stephen Culp; editing by Diane Craft
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Marketmind: Try to top that one, Asia By ReutersMarketmind: Try to top that one, Asia
Lire la suite »
LAFC gets chance to try to solve the Lionel Messi puzzleThe Argentinian superstar, who has jolted Inter Miami to life since his arrival, has a knack for finding the right spots in the right moments – as if he can see into the future.
Lire la suite »
Athletics try to sweep 3-game series against the AngelsThe Oakland Athletics face the Los Angeles Angels looking to sweep their three-game series.
Lire la suite »
Pirates try to extend road win streak in matchup with the CardinalsThe Pittsburgh Pirates hit the road against the St. Louis Cardinals trying to extend a five-game road winning streak.
Lire la suite »
Phillies try to break road skid, take on the BrewersThe Philadelphia Phillies hit the road against the Milwaukee Brewers looking to stop a three-game road losing streak.
Lire la suite »