皇冠现金网
热门标签

The Week Ahead - GDP data dominates, China data dump, 2Q GDP updates, US inflation

时间:4天前   阅读:24   评论:5

皇冠官网开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠官网开户的平台。皇冠官网开户(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

The Statistics Department is also expected to release June’s industrial production index and manufacturing sales this week. (Chief statistician Mohd Uzir Mahidin

GDP data dominates

ALL eyes will be on fresh gross domestic product (GDP) data release scheduled on Friday.

Bloomberg estimates Malaysia’s GDP for the second quarter (2Q) to grow by 5% year-on-year (y-o-y) while UOB Global Economics & Markets Research expects a 5.8% y-o-y expansion.

According to Trading Economics’ global macro models and analysts’ expectations, GDP is expected to be 4% in 2Q and 5.9% by the end of this quarter.

The Malaysian economy registered a growth of 5% in 1Q.

The Statistics Department is also expected to release June’s industrial production index and manufacturing sales this week.

China data dump

CHINA is expected to release a deluge of data this week including July trade data, consumer price index (CPI), production price index (PPI), M2 money supply and 1Y medium-term lending facility.

Bloomberg estimates China’s exports to grow 14.6% y-o-y from 17.9% y-o-y in June, imports to expand 4% y-o-y from 1% in June while trade surplus is likely at US$89bil (RM396bil) compared with US$97.94bil (RM435.9bil) in June.

ING said China exports likely expanded by around 15% y-o-y in July as shipments for the winter holiday season were sent out in advance to avoid port congestion issues.

Imports, on the other hand, should pick up moderately as domestic consumption recovers.

,

usdt官网www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

,

CPI inflation is expected to rise gently in China while PPI inflation could slow to 5% y-o-y from 6% in June as raw material prices fell on slower real-estate construction activity, according to ING.

2Q GDP updates

SINGAPORE will release the final print for 2Q GDP on Thursday while the Philippines will announce its GDP data tomorrow.

Singapore’s economy grew 4.8% y-o-y in 2Q, according to advance estimates released by the Trade and Industry Ministry.

UOB estimates GDP growth should be revised slightly lower by 0.3 percentage points to 4.5% y-o-y, assuming construction and services growth stays largely unchanged at 3.8% y-o-y and 4.7% y-o-y respectively.

Bloomberg estimates the Philippines’ 2Q GDP to expand 8% y-o-y from 8.3% in 1Q.

According to ING, election-related spending will likely boost growth to 8.8% y-o-y, with household consumption getting an extra lift after mobility curbs were relaxed in March.

Improved growth prospects, coupled with the above-target inflation, point to Bangko Sentral ng Pilipinas staying hawkish for the rest of the year.

US inflation

THE US inflation data will reveal how prices have fared as the Federal Reserve tightens its monetary policy.

ING said the headline rate of CPI may rise just 0.2% month-on-month (m-o-m), which would be the smallest monthly increase since January 2021 and result in the annual rate of inflation slowing to 8.7% from 9.1%.

上一篇:澳门百家乐规则(www.BJL08.vip)

下一篇:农业机械化程度高 保障粮安

网友评论

  • 2023-01-11 01:02:55

    July saw the award of the RM2bil turnkey contract for the Johor-Singapore Rail Transit System to Ekovest Bhd, the RM2bil water treatment plant package for the Sungai Rasau water supply scheme to Gamuda Bhd有一说一,我很中意