Looking Ahead in Asia

A raft of data releases from Asia’s two largest economies will be the key events for markets in what is expected to be a quiet, holiday-shortened week.  Markets in China, South Korea and Taiwan will be shut until Thursday for the Mid-Autumn Festival while Hong Kong will be closed on Tuesday.

Focus will also fall on an annual meeting of global business leaders in Tianjin, China. The Eighth Annual Meeting of the New Champions, commonly known as the Summer Davos forum, will kick off Wednesday under the theme of “Creating Value Through Innovation.”

China’s August trade report on Monday is expected to show continued weakness in the world’s second-largest economy.  Japan’s balance of payment data for July will be released on Monday. Investors will watch for signs of continued weakness after the current account swung to a deficit for the first time in five months in June.

CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.