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Monday, June 14, 2010

Asia Weathers Europe Crisis as China Exports, Korean Jobs Exceed Forecasts

Asia’s economies signaled they are best placed to weather Europe’s debt crisis this week as data from China’s exports to job growth in South Korea and Australia surpassed analysts’ forecasts.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Apr 17
01:30 Net Long-Term TIC Flows 1 $112.0B $35.2B $-42.2B Revised from $-45.2B
01:30 Total Net TIC Flows 1 $284.7B $-46.6B Revised from $-48.8B
04:15 Consumer Price Index (QoQ) 3 0.9% 0.7% 0.5%
04:15 Consumer Price Index (YoY) 3 2.5% 2.3% 2.2%
04:30 Fed's Schmid speech 2
07:00 National Australia Bank's Business Confidence (QoQ) 2 -4
07:00 Participation Rate 2 67.0% 66.8%
07:00 Employment Change s.a. 3 40.0K -52.8K
07:00 Full-Time Employment 2 -35.7K
07:00 Unemployment Rate s.a. 3 4.2% 4.1%
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