South Korea confirms 256 more coronavirus cases, total 2022
If the rate of expansion slows like this it'll be good news.
Australia Private Sector Credit for January: 0.3% m/m (expected 0.2%)
- expected 0.2% m/m, prior 0.2%
- prior 2.4% y/y
Business credit m/m a good growth compared with December.
Chinese naval ship lases a US Navy plane near Guam
Statement from the US Pacific Fleet just released - said the incident occurred over international waters.
UK February consumer confidence at -7, highest in 18 months
"The only 'known unknown' is the potential impact of coronavirus on behaviour, confidence and spending patterns," Joe Staton, client strategy director at GfK, said. "This is a developing story, watch this space."
China reports 327 new coronavirus cases and 44 deaths for February 27
Mainland China as of end February 27:
Hubei province accounting for 318 new cases and 41 deaths
Japan Industrial Production for January (preliminary) 0.8% m/m (expected 0.2%)
+0.8% for a solid beat indeed
- expected 0.2% m/m, prior 1.2%
y/y, prior -3.1%
Japan Retail sales for January +0.6% m/m (expected -0.1% )
+0.6% m/m, a good beat
- expected -0.1% m/m, prior 0.2%
y/y, prior -2.6%
FT: Saudi Arabia is pushing to make a substantial cut in oil production when Opec meet
Small business sentiment measure from China: February 37.3 (from 56.2 in Jan)
Japan Unemployment rate for January 2.4% (expected 2.2%)
Jobless rate 2.4% in Jan
to applicant ratio for January 1.49