Here is what’s on the economic calendar in Asia today - China Q3 GDP & September Activity data

2130 GMT New Zealand services PMI for September 

• BusinessNZ Performance of Services Index (PSI), prior

• unlikely to have too much immediate impact on NZD

2145 GMT NZ CPI - inflation in New Zealand for Q3

• CPI expected 1.4% q/q, prior 1.3%
• CPI expected 4.1% y/y, prior 3.3%
• The RBNZ is assessing the inflationary trend in NZ as broad-based, which contributed to their reading for their rate hike earlier in the month, and likely more to come.  
• Later in the NZ day will the Reserve Bank of New Zealand's own measure of inflation. This is due at 0200 GMT. I'll have more to come on this separately.

2301 GMT UK data - Rightmove house prices for October 

0200 GMT China Q3 GDP 

• expected +5.2% y/y, prior was +7.9% 

• Renewed coronavirus outbreaks and associated shut-ins, port closures impacting during the quarter

and September activity data:

• Industrial Production
• Fixed Assets 
• Retail Sales 

This snapshot from the ForexLive economc data calendar, access it here.

• The times on the left-most column are GMT. 
• The numbers in the right-most column are the 'prior' (previous month) result. 
• The number in the column next to that is what is the consensus median expected.

I'll have more to come on this separately.

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October 18, 2021 at 07:26AM

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