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Asian PMI's Headline Docket, South Korea CPI Due

ASIA

Asian PMI's headline the docket this week, on the wires today we have the official July Chinese PMIs due, with Caixin print crossing later in the week. On Wednesday July CPI from South Korea is due.

  • China - On the wires today we have July official PMIs, Manufacturing PMI is expected at 49.0 and the Non-Manufacturing PMI is forecast at 53.0. On Tuesday Caixin Mfg PMI crosses, before the Services and Composite components cross on Thursday. Also on the wires this week is the preliminary read of Q2 Current Account Balance (Friday).
  • South Korea - Tomorrow July Trade Balance (exp: $1.8bn surplus) and S&P Global Mfg PMI are due. Further out on Wednesday July CPI is due, an increase of 2.4% Y/Y is expected. July Foreign Reserves on Thursday rounds off the week's data.
  • Taiwan - On Tuesday July S&P Global Mfg PMI is due, there is no estimate and the prior read was 44.8. The only other data of note is July Foreign Reserves which crosses on Friday.
  • Indonesia - The only data due this week is tomorrow's S&P Global Mfg PMI for July, as well as July CPI (3.11% Y/Y expected for the headline print).
  • Philippines - June Bank Lending and Money Supply is due today. Tomorrow S&P Global Mfg PMI for July crosses. On Friday July CPI will round off the week's docket, a print of 4.9% Y/Y is expected.
  • Malaysia - S&P Global Mfg PMI for July is the only data of note this week, there is no estimate and the prior read was 47.7.
  • Singapore - Due today we have June Money Supply, further out on Wednesday July Purchasing Managers Index and the Electronics Sector Index cross. The highlight of the week is July S&P Global PMI, which is due on Thursday. Friday's Retail Sales print for June rounds off the docket.
  • India - S&P Global PMI's provide the highlight this week, Mfg PMI is due tomorrow and on Thursday the Services and Composite components cross. On the wires today we have the Jun Fiscal Deficit and Eight Infrastructure Industries print.

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