The Economic Information Agency reported on the 29th that China's release of PMI and the U.S. release of ADP employment change and other data are expected to be the focus of the market on Wednesday (30th).
Regarding important economic activities around the world, the European Central Bank (ECB) Governing Council will hold a non-monetary policy online meeting.
*Japan releases industrial production and other data, New World releases earnings*
On the data front, at 7:50am (Hong Kong time, same below), Japan will release August industrial production, with the month-on-month rate expected to improve from a decline of 0.2% to a rise of 1.4%, and the year-on-year increase expected to expand from 3.9% to 6.9%; the August retail sales month-on-month rate is expected to reverse from 2.1% to a decline of 1.1%, while the year-on-year increase is expected to narrow from 3.7% to 3.2%. At 9:30am, China will release the September manufacturing Purchasing Managers' Index (PMI), expected to rise from 49.8 to 50.1; the September non-manufacturing PMI is expected to rise from 49 to 49.2; and the September composite PMI. At the same time, Australia will release August building permits, with the month-on-month decline expected to narrow from 3.6% to 1%; the year-on-year increase in the August consumer price index is expected to expand from 3.5% to 4.1%.
At 1:00pm, Japan will release August new housing starts, with the year-on-year increase expected to narrow from 8.2% to 7%. At 2:00pm, the UK will release Q2 exports, with the quarter-on-quarter increase expected to expand from 0.2% to 0.5%; the Q2 GDP quarter-on-quarter increase is expected to narrow from 0.6% to 0.4%, while the year-on-year increase is expected to expand from 0.9% to 1.2%; Q2 imports quarter-on-quarter increase is expected to narrow from 1.4% to 0.5%. At the same time, Japan will release August machine tool orders. At the same time, Germany will release August import prices, with the month-on-month increase expected to expand from 0.2% to 0.6%, and the year-on-year increase expected to expand from 6.8% to 7.9%; the August retail sales month-on-month rate is expected to improve from a decline of 3.4% to a rise of 1.5%, and the seasonally adjusted year-on-year decline is expected to narrow from 2.4% to 1.2%.
At 4:30pm, Hong Kong will release August money supply M1; August money supply M2; August money supply M3. At 8:00pm, Germany will release the September consumer price index, with the month-on-month increase expected to expand from 0.2% to 0.5%, and the year-on-year increase expected to expand from 2.9% to 3.1%. At 8:15pm, the U.S. will release September ADP employment change, expected to rise from 38,000 to 74,000. At 8:30pm, the U.S. will release the Q2 GDP price index, expected to rise from 3.6% to 6.4%; Q2 personal consumption is expected to rise from 0.5% to 3.4%; August personal consumption is expected to rise from 0.2% to 0.8%; August personal income is expected to rise from 0.4% to 0.5%; the August wholesale inventory month-on-month increase is expected to narrow from 1.3% to 0.4%. At 9:45pm, the U.S. will release the September Chicago Purchasing Managers' Index, expected to rise from 47.1 to 51.
In Hong Kong, companies scheduled to release earnings tomorrow include: New World Development (00017), Gold Yuet Holdings (00070), Asia Fruit Industry (00073), Cheuk Nang (Group) (00131), Heng Tai (00197), China United Resources (00254), Jin Yi Group Holdings (00565), China High Precision (00591), Choyue Holdings (New) (00653), New World Department Store China (00825), Global Industrial Technology (01026), China Health Technology Group (01069), China Environmental Resources (01130), China Carbon Neutral (01372), Dajiankang International (02211), Choyue Holdings (Old) (02920), Youdi Robotics (03231), etc.
In addition, tomorrow, Tong Shifu (00664), Huayan Robotics (01021), and others will have lock-up periods expire for cornerstone investors' shares. (wa)
Regarding important economic activities around the world, the European Central Bank (ECB) Governing Council will hold a non-monetary policy online meeting.
*Japan releases industrial production and other data, New World releases earnings*
On the data front, at 7:50am (Hong Kong time, same below), Japan will release August industrial production, with the month-on-month rate expected to improve from a decline of 0.2% to a rise of 1.4%, and the year-on-year increase expected to expand from 3.9% to 6.9%; the August retail sales month-on-month rate is expected to reverse from 2.1% to a decline of 1.1%, while the year-on-year increase is expected to narrow from 3.7% to 3.2%. At 9:30am, China will release the September manufacturing Purchasing Managers' Index (PMI), expected to rise from 49.8 to 50.1; the September non-manufacturing PMI is expected to rise from 49 to 49.2; and the September composite PMI. At the same time, Australia will release August building permits, with the month-on-month decline expected to narrow from 3.6% to 1%; the year-on-year increase in the August consumer price index is expected to expand from 3.5% to 4.1%.
At 1:00pm, Japan will release August new housing starts, with the year-on-year increase expected to narrow from 8.2% to 7%. At 2:00pm, the UK will release Q2 exports, with the quarter-on-quarter increase expected to expand from 0.2% to 0.5%; the Q2 GDP quarter-on-quarter increase is expected to narrow from 0.6% to 0.4%, while the year-on-year increase is expected to expand from 0.9% to 1.2%; Q2 imports quarter-on-quarter increase is expected to narrow from 1.4% to 0.5%. At the same time, Japan will release August machine tool orders. At the same time, Germany will release August import prices, with the month-on-month increase expected to expand from 0.2% to 0.6%, and the year-on-year increase expected to expand from 6.8% to 7.9%; the August retail sales month-on-month rate is expected to improve from a decline of 3.4% to a rise of 1.5%, and the seasonally adjusted year-on-year decline is expected to narrow from 2.4% to 1.2%.
At 4:30pm, Hong Kong will release August money supply M1; August money supply M2; August money supply M3. At 8:00pm, Germany will release the September consumer price index, with the month-on-month increase expected to expand from 0.2% to 0.5%, and the year-on-year increase expected to expand from 2.9% to 3.1%. At 8:15pm, the U.S. will release September ADP employment change, expected to rise from 38,000 to 74,000. At 8:30pm, the U.S. will release the Q2 GDP price index, expected to rise from 3.6% to 6.4%; Q2 personal consumption is expected to rise from 0.5% to 3.4%; August personal consumption is expected to rise from 0.2% to 0.8%; August personal income is expected to rise from 0.4% to 0.5%; the August wholesale inventory month-on-month increase is expected to narrow from 1.3% to 0.4%. At 9:45pm, the U.S. will release the September Chicago Purchasing Managers' Index, expected to rise from 47.1 to 51.
In Hong Kong, companies scheduled to release earnings tomorrow include: New World Development (00017), Gold Yuet Holdings (00070), Asia Fruit Industry (00073), Cheuk Nang (Group) (00131), Heng Tai (00197), China United Resources (00254), Jin Yi Group Holdings (00565), China High Precision (00591), Choyue Holdings (New) (00653), New World Department Store China (00825), Global Industrial Technology (01026), China Health Technology Group (01069), China Environmental Resources (01130), China Carbon Neutral (01372), Dajiankang International (02211), Choyue Holdings (Old) (02920), Youdi Robotics (03231), etc.
In addition, tomorrow, Tong Shifu (00664), Huayan Robotics (01021), and others will have lock-up periods expire for cornerstone investors' shares. (wa)
