With Chinese stocks in the spotlight following recent stellar gains, a data deluge from Beijing could move markets further this week.
Trade, inflation, industrial output, retail sales figures and fixed asset investment for November are on tap. The reports come amid expectations of more broad-based stimulus measures from the People’s Bank of China (PBoC) following a surprise interest rate cut late last month.
“November data will likely show China’s economy running below potential, adding to speculation about further monetary easing,” said economists at Moody’s Analytics in a note. Revised Japanese growth data will also be in focus alongside Australian employment figures and a raft of central bank decisions.
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