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CHINA INDUSTRIAL OUTPUT, RETAIL SALES GROWTH IMPROVE IN AUGUST



China's industrial production and retail sales growth improved more than expected in August, official data revealed on Friday.

Industrial production posted an annual increase of 4.5 percent, the National Bureau of Statistics reported. Output was expected to climb moderately by 3.9 percent in August after rising 3.7 percent in July.

Likewise, growth in retail sales improved to 4.6 percent in August from 2.5 percent in the previous month. This was also better than economists' forecast of 3.0 percent.

During January to August period, fixed asset investment increased 3.2 percent from the same period last year, data showed. However, the rate was slightly weaker than the expected 3.3 percent.

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SINGAPORE NODX SINKS 3.8% IN AUGUST



Singapore's non-oil domestic exports (NODX) were down 3.8 percent on month in August, Statistics Singapore said on Monday.

That missed expectations for an increase of 5.6 percent following the downwardly revised 3.5 percent contraction in July (originally -3.4 percent).

On a yearly basis, exports slumped 20.1 percent - again missing forecasts for a decline of 15/8 percent after stumbling a downwardly revised 20.3 percent in the previous month (originally -20-2 percent).

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NZ DOLLAR RISES AGAINST MAJORS



The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.

The NZ dollar rose to a 4-day high of 0.5928 against the U.S. dollar, from yesterday's closing value of 0.5917.

Against the yen and the euro, the kiwi edged up to 87.48 and 1.8045 from yesterday's closing quotes of 87.33 and 1.8064, respectively.

Moving away from an early low of 1.0884 against the Australian dollar, the kiwi advanced to a 5-day high of 1.0870.

If the kiwi extends its uptrend, it is likely to find resistance around 0.61 against the greenback, 88.00 against the yen, 1.78 against the euro and 1.06 against the aussie.

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JAPAN TRADE DEFICIT Y930.477 BILLION IN AUGUST



Japan posted a merchandise trade deficit of 930.477 billion yen in August, the Ministry of Finance said on Wednesday.

That was well shy of expectations for a shortfall of 659.1 billion yen following the upwardly revised 66.3 billion yen deficit in July (originally -78.7 billion yen).

Exports were down 0.8 percent on year at 7.994 trillion yen, beating forecasts for a decline of 1.7 percent following the 0.3 percent drop in the previous month.

Imports slumped an annual 17.8 percent to 8.924 trillion yen versus expectations for a fall of 19.4 percent following the downwardly revised 13.6 percent contraction a month earlier (originally -13.5 percent).

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AUSTRALIAN DOLLAR FALLS AGAINST MAJORS



The Australian dollar weakened against other major currencies in the Asian session on Thursday.

The Australian dollar fell to a 5-week low of 0.8639 against the Canadian dollar and an 8-day low of 0.6403 against the U.S. dollar, from yesterday's closing quotes of 0.8675 and 0.6445, respectively.

Against the euro and the yen, the aussie slipped to 2-day lows of 1.6608 and 94.94 from yesterday's closing quotes of 1.6533 and 95.60, respectively.

The aussie edged down to 1.0842 against the NZ dollar, from Wednesday's closing value of 1.0870.

If the aussie extends its downtrend, it is likely to find support around 0.85 against the loonie, 0.65 against the greenback, 1.68 against the euro, 93.00 against the yen and 1.06 against the kiwi.

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YEN FALLS AHEAD OF BOJ RATE DECISION



At 11:00 pm ET in the early Asian session on Friday, the Bank of Japan is set to announce its monetary policy decision.

Ahead of the BOJ rate decision, the yen fell against its major rivals.

As of 10:55 am pm ET, the yen was trading at 157.69 against the euro, 181.87 against the pound, 148.07 against the U.S. dollar, and 163.70 against the Swiss franc.

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EUROPEAN ECONOMIC NEWS PREVIEW: GERMANY BUSINESS CONFIDENCE DATA DUE



Business confidence data from Germany is the only major report due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Spain's INE releases producer prices data for August. Prices had declined 8.4 percent annually in July.

In the meantime, business and consumer sentiment survey data is due from the Czech Republic.

At 4.00 am ET, the ifo Institute publishes Germany's business sentiment survey results for September. The confidence index is seen falling to 85.2 from 85.7 in August.

At 9.00 am ET, European Central Bank President Christine Lagarde is set to give introductory statement at the Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels.

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SOUTH KOREA CONSUMER CONFIDENCE WEAKENS TO 4-MONTH LOW



South Korea's consumer sentiment weakened in September to the lowest level in four months, as households' current and future living conditions worsened, survey results from the Bank of Korea showed on Tuesday.

The consumer confidence index fell to 99.7 in September from 103.1 in August.

This was the lowest reading since May 2022, when it was 98.0.

The consumer confidence survey was conducted between September 11 and 18, among 2,500 households.

The sub-index for households' assessment of the prospective living standards dropped to 92 from 95, and the measure for the current living standards dropped to 89 from 91.

Similarly, the index measuring consumers' prospective household income decreased to 99 to 100 in July.

South Koreans were less pessimistic about their job prospects and the relevant index dropped to 74.0 from 84.

Their interest rate expectations remained stable in September, and the measure came in at 99.0.

The expected inflation rate for the upcoming year was 4.1 percent versus 4.2 percent in August.

Households' expectations for the domestic economic conditions in the future weakened from 72 to 66.0.

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EUROPEAN ECONOMIC NEWS PREVIEW: GERMAN GFK CONSUMER SENTIMENT DATA DUE



Consumer confidence from Germany and France are the top economic data due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer sentiment survey results. Economists forecast the forward-looking consumer confidence index to remain unchanged at -25.5 in October.

In the meantime, unemployment from Norway and foreign trade data from Sweden are due. At 2.45 am ET, France's statistical office INSEE publishes consumer confidence survey data. Economists forecast the consumer sentiment index to fall to 84 in September from 85 in the previous month.

At 3.00 am ET, the National Institute of Economic Research releases Sweden's economic tendency survey results for September.

At 4.00 am ET, the European Central Bank is set to release euro area monetary aggregates for August. M3 money supply is forecast to fall 1.0 percent annually after a 0.4 percent drop in July.

Also, manufacturing Purchasing Managers' survey results are due from Austria.

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