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Economic calendar in Asia Wednesday, September 4 – Australian Q2 GDP and another China PMI

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Australian Q2 GDP is expected to eke out a small gain:

  • +0.3% q/q expected
  • +1.0% annual

The ‘partials’ this week have been lacklustre:

  • inventories negative, to detract 0.3%
  • business profits and capex weak (falling)
  • net exports +0.2% contribution but well under estimates

Saved by government spending:

  • public demand grew
  • public investment grew

Also coming is the final Chinese PMI for August. The official figures were out over the weekend, did I say lacklustre already?

The private, Caixin, manufacturing PMI turned in a decent performance though:

Today it’s the Caixin non-manufacturing PMI and composite:

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

The times in the left-most column are GMT.

The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

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