Recap 12-09-13

Commentary:

None

Notable:

  • China Trade Balance surplus was $33.8bn versus $21.2bn expected. This is the largest surplus since January 2009. Exports increased 12.7% versus 7% expected. Imports increased 5.3% versus 7% expected.
  • China CPI rose 3% YoY vs 3.1% exp
  • Japan Eco Watchers Outlook Survey improved to 54.8 vs 54.5 prev
  • Canada Housing Starts declined to 192.2k vs 195k exp and 198.3k prev

Upcoming Data:

  • Mon : UK RICS House Prices Bal, AU Home Loans, Business Confidence
  • Tue: China IP, Retail Sales, UK IP, USDA Ag report, Japan Machine Orders
  • Wed: Germany CPI, Australia Employment
  • Thu: US Jobless Claims, Retail Sales
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