Chinese Manufacturing Data On Tap For Monday

China will on Monday see July results for its official manufacturing PMI, highlighting a busy day in Asia-Pacific economic activity.

The PMI is expected to show a score of 50.0 – unchanged from the June reading and right on the line that separates expansion from contraction.

The non-manufacturing PMI also is due; in June, it had a score of 53.7.

China also will see July results for the manufacturing PMI from Caixin, with forecasts calling for a score of 48.9 – up marginally from 48.6 in the previous month.

Australia will see June numbers for new home sales and July results for the manufacturing PMI from AiG, plus the inflation forecast from TD Securities.

Home sales were down 4.4 percent on month in May, while the manufacturing PMI score was 51.8 in June. The inflation forecast for June was 0.6 percent on month and 1.5 percent on year.

South Korea will release June numbers for current account; in May, the current account surplus was $10.36 billion.

South Korea also will see July numbers for imports, exports and trade balance. In June, imports were down 8.0 percent on month and exports fell 27 percent for a trade surplus of $11.643 billion.

Thailand will provide July numbers for consumer and producer prices. In June, CPI was up 0.03 percent on month and 0.38 percent on year, while PPI added 0.1 percent on month and fell 1.3 percent on year.

Indonesia will see July figures for inflation; in June, overall CPI added 0.66 percent on month and 3.45 percent on year.

Several countries will see July results for manufacturing PMIs from Nikkei, including Japan (48.1 previously), Taiwan (50.5), Indonesia (51.9) and Malaysia (47.1).

The material has been provided by InstaForex Company – www.instaforex.com