Macro Data Impacting Asia 21 - 25 June

This and previous notes can be found at  asianmarketsense.com 
Check out ERI-C.com for your research needs


Summary
Australia
 Light in terms of data just Retail Sales (Monday) and Flash PMI’s (Wednesday).
Japan BoJ minutes and Flash PMI’s Wednesday along with Coincident and Leading Economic Index, then Tokyo Core CPI Friday.  
S Korea PPI Tuesday, Consumer Confidence Thursday and Business on Friday.
Taiwan Export Orders Monday, Unemployment Tuesday, Industrial Production and Retail Sales Wednesday and M2 Money Supply Thursday. 
China Loan Prime Rate Monday and Industrial Profits next Sunday.
HK ADR’s closed -247pts @ 28,554 with only CLP and Unicom in the green.
Europe Flash PMIs, 
Eurozone Loans data and M3 Money Supply 
German 
Ifo data and Consumer Confidence 
France Business Confidence & Climate data, Unemployment
UK
  BoE rate decision and Consumer Confidence, CBI Distributive Trades 
US More housing data. Richmond Fed Manufacturing Index, Powell’s testimony, Flash PMI’s, Durable Goods, GDP & PCE data and Michigan Final readings

Powells testimony will be watched careful for more insight into the Fed’s new position and then later in the week the PCE data.

Investors seem to be reposition judging but the initial sell off in Asia; following the sell-off in the US of value names.


Monday 21 June

AUSTRALIA  Retail Sales
JAPAN 
No data due
S KOREA Exports 20 day
TAIWAN Export Orders
CHINA Prime Loan Rate 1 and 5 year
HONG KONG No data due
EUROZONE No data Largarde Speaks
GERMANY Bundesbank Monthly Report
FRANCE No data due (BTF Auctions) 
UK No data due  
US Chicago Fed National Activity Index, 3 & 6 Month Bill Auction
FED Speakers Bullard and Williams speaks
 
Tuesday 22 June 
AUSTRALIA  
No data due
JAPAN No data due
S KOREA PPI
TAIWAN  Unemployment
CHINA 
No data due
HONG KONG Inflation and Current Account
EUROZONE Consumer Confidence Flash ECB’s Lane speaks  
GERMANY No data due
FRANCE No data due  
UK No data due
US Redbook, Existing Home Sales, Richmond Fed Manufacturing Index, NY Fed Treasuries Purchases TIPS 1 - 7.5 yrs, API Crude Oil Stock Change.
FED Speakers Powell Testimonyto Congress, Feds Mester and Daly speak
Earnings Korn Ferry

Wednesday 23 June
AUSTRALIA
Manufacturing, Services and Composite Flash PMI’s. RBA’s Ellis speaks 
JAPAN BoJ Minutes, Manufacturing, Services and Composite Flash PMI’s, Coincident and Leading Economic Index.
S KOREA 
No data due
TAIWAN Industrial Production & Retail Sales
CHINA 
No data due  
HONG KONG 
No data due  
EUROZONE 
ECB Non Monetary Policy Meeting, Manufacturing, Services and Composite Flash PMI’s 
GERMANY 
Manufacturing, Services and Composite Flash PMI’s 
FRANCE 
Manufacturing, Services and Composite Flash PMI’s 
UK 
Manufacturing, Services and Composite Flash PMI’s 
US MBA Mortgage Applications and 30 yr Mortgage Rate, Current Account, Manufacturing, Services and Composite Flash PMI’s, New Home Sales, EIA Oil Report.
NY Fed Treasury Purchases 4.5 - 7 yrs, 2 yr FRN Auction and 5yr Note Auction.
FED Speakers Bowman, Bostic and Rosengren speak
Earnings: IHS Markit, Winnebago, KB Home, Steelcase

Thursday 24 June
AUSTRALIA  
No data due  
JAPAN Foreign Stock and Bond Investment
S KOREA Consumer Confidence
TAIWAN 
M2 Money Supply
CHINA No data due  
HONG KONG 
No data due
EUROZONE 
ECB General Council Meeting
GERMANY Ifo Business Climate, Current Conditions and Expectations
FRANCE 
Business Confidence and Climate Indicator
UK BoE Interest Rate Decision, MPC Meeting Minutes, BoE QE. After Market Consumer Confidence
US Durable Goods, GDP Price Index, Corporate Profits, Goods Trade Balance, Wholesale Inventories, Initial Claims, 4 week Average Claims, Continuing Claims, Core PCE Prices and PCE Prices, EIA Natural Gas Report, Kansas fed Manufacturing Index. Fed Bank Stress Test Results
NY Fed Treasury Purchases 22.5 - 30yrs
FED Speakers Bostic, Williams and Bullard
Earnings: Accenture, Darden, Rite Aid, Nike, FedEx, Blackberry 

Friday  25 June
AUSTRALIA
No data due
JAPAN Tokyo Core CPI & CPI
S KOREA Business Confidence
TAIWAN 
No data due
CHINA No data due  
HONG KONG 
No data due
EUROZONE Loans to Households and Companies, M3 Money Supply
GERMANY 
No data due
FRANCE 
Unemployment Benefit Claims, Jobseekers Total
UK 
CBI Distributive Trades, BoE Quarterly Bulletin.
US Personal Income & Spending, PCE Price Index, Core PCE Price Index, Michigan Final (Inflation Expecations, Consumer Sentiment, 5yr Inflation Expectations, Consumer Expectations, Current Conditions), Baker Hughes Rig Count, NY Fed Treasury Purchases (2.25 - 4.5 yrs).
FED Speakers Mester and Rosengren
Earnings: CarMax, Paychex

Sunday 27 June
China
Industrial Profits.