Asia: Key events to watch next week - ANZ

Dhwani Mehta FXStreet

Analysts at Australia and New Zealand Banking Group (ANZ) provides a list of the key economic events of note in Asia next week.

Key Quotes:

“AU: Another relatively quiet week for data, with the early building blocks of GDP in focus. We expect construction work done will continue to decline, albeit at a slower rate of 0.4% q/q. Following two quarters of decline, we expect Q3 private capex to rise modestly (0.3%), driven by an improvement in mining. For the AUD, the global growth pulse, and Central Bank speeches are likely to be a bigger focus.

NZ: The key release for the week will be the ANZ Business Outlook. With the RBNZ hitting pause at the last meeting, a better result is needed to justify its view that past policy actions are starting to bear fruit. The recent outperformance of the NZD will be contingent on a reasonable result.

CH: We expect the November PMIs to show that the Chinese industrial sector is in contractionary territory, while the service sector stabilises at lower levels.

HK: On Sunday, Hong Kong is scheduled to hold district council elections, the first citywide vote since protests broke out more than five months ago.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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