I pasted YoY for Korea from forexpros site, they did not show MoM as I expected. Look and see YoY not Feb. specific.
19:00 KRW Industrial Production (YoY) (Feb) -4.7% -1.5% 1.7%
19:50 JPY Industrial Production (MoM) (Feb) -3.4% -1.8% 3.7%
parse - current, expected, previous
current far below expectations and deep in the negative. China manufacturing cannot be far behind. Already in contraction last month!!!
Tuesday March, 31st.
21:00 CNY Manufacturing PMI (Mar) ??? 49.7 49.9
Yes China stock index up 85% in the last year is simply not good enough. Must stimulate lending, must buy more factories and houses. Concrete, copper, iron ore more more more ... store oil, build tanks to store oil and buy oil.
Because central bankers are just too conservative. They should stimulate every -0.5% index dip and buy every government or state bond, every single one.
Chinese stock market is up 85% in the last 12 months and you say it is not even started yet. Oh boy.
85% up in 12 months and you say not even started yet.
The Domestic Machinery Shipment Index in February decreased by 2.2 percent from the same period of the previous year.
sloooooowing down. clearly all impacted by winter even if surrounded by an ocean.
well if they avoid the oil patch and focus on government spending (Lockheed and Boeing) it will be fine. It all depends on who they ask now doesn't it?
I predicted 4's if no news and here we are. I expected they need $10M to have +ve earnings, commercial sales boom this past Q would have done it but w/o that press release, we are hosed again.
no reason I can come up with. All data is to be ignored, green shoots!