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[IFX Gertrude]

JAPAN'S HOUSING STARTS FALL AT SLOWER PACE



Japan's housing starts continued to decline in November albeit at a slower pace, data from the Ministry of Land, Infrastructure, Transport and Tourism showed on Friday.

Housing starts were down 3.7 percent on year, following October's 8.3 percent decline. This was also better than the expected decrease of 4.9 percent.

Annualized housing starts rose to 820,000 in November from 802,000 in the previous month.

Further, data showed that construction orders received by the big 50 contractors decreased 4.7 percent on a yearly basis, bigger than the 0.1 percent fall posted in October.

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[IFX Gertrude]

JAPAN INDUSTRIAL PRODUCTION FLAT ON MONTH IN NOVEMBER



Industrial production in Japan was unchanged on a seasonally adjusted basis in November, the Ministry of Economy, Trade and Industry said on Monday.

That missed expectations for an increase of 1.2 percent following the 4.0 percent gain in October.

On a yearly basis, industrial production sank 3.4 percent, matching forecasts following the 3.0 percent drop in the previous month.

Upon the release of the data, the METI maintained its assessment of industrial production, saying that it is picking up.

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[IFX Gertrude]

SINGAPORE TRADE DATA DUE ON TUESDAY



Singapore will on Tuesday release November numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

In October, imports were down 7.6 percent on year and exports sank an annual 8.0 percent, while producer prices tumbled 9.6 percent on year.

The Philippines will see November figures for producer prices; in October, prices were down 3.3 percent on year.

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[IFX Gertrude]

SOUTH KOREA RETAIL SALES SINK 1.0% IN NOVEMBER



The value of retail sales in South Korea was down a seasonally adjusted 1.0 percent on month in November, Statistics Korea said on Wednesday.

That follows the 0.9 percent contraction in the previous month.

On a yearly basis, retail sales skidded 1.5 percent after dropping 0.2 percent a month earlier.

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[IFX Gertrude]

CHINA'S MANUFACTURING SECTOR GROWTH MODERATES IN DECEMBER



China's manufacturing sector growth moderated at the end of the year, survey data from the National Bureau of Statistics showed Thursday.

The official manufacturing Purchasing Managers' Index fell to 51.9 from 52.1 in November.

The score was forecast to drop marginally to 52.0. However, a reading above 50 indicates expansion in the sector.

The export order sub-index in manufacturing eased to 51.3 from 51.5 in November.

The non-manufacturing PMI that measures sentiment in the services and construction sectors declined to 55.7 in December from 56.4 a month ago.

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[IFX Gertrude]

JAPAN MANUFACTURING PMI STABLE IN DECEMBER - JIBUN



The manufacturing sector in Japan improved in December to a level of stability, the latest survey from Jibun Bank showed on Monday with a manufacturing PMI score of 50.0.

That's up from 49.0 in November and it now sits right on the line that separates expansion from contraction.

Individually, output stabilized for the first time in 23 months and employment rose for the first time since February.

New orders meanwhile, were reduced to the least marked extent of the past two years. According to anecdotal evidence, confidence remained downbeat due to the lingering impacts of the pandemic, although there was evidence that conditions were improving, notably in the automotive sector.

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[IFX Gertrude]

EUROPEAN ECONOMICS PREVIEW: GERMANY RETAIL SALES, UNEMPLOYMENT DATA DUE



Retail sales and unemployment figures from Germany are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany's retail sales and unemployment data. Sales are forecast to fall 2 percent on month in November, reversing a 2.6 percent rise in October.

Half an hour later, consumer price figures are due from Switzerland. Economists forecast consumer prices to fall 0.7 percent annually in December, the same rate of decrease as seen in November.

At 3.00 am ET, Spain's unemployment data for December is due.

At 3.55 am ET, the Federal Labor Agency publishes Germany's unemployment data for December. The jobless rate is seen at 6.1 percent, unchanged from November.

At 4.00 am ET, the European Central Bank is set to release money supply data. Economists expect the M3 money supply to climb 10.6 percent annually, following a 10.5 percent rise in October.

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[IFX Gertrude]

SINGAPORE PRIVATE SECTOR CLIMBS INTO EXPANSION - MARKIT



The private sector in Singapore moved into expansion territory in December, the latest survey from Markit Economics showed on Wednesday with a PMI score of 50.5.

That's up from 46.7 in November, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders increased for the first times since January with respondents mentioning stronger demand, a rise in e-commerce sales and promotional activity.

New orders from oversea markets also rose, and at the strongest rate since November 2018. Subsequently, firms raised output during December, which rebounded from November's relatively solid contraction.

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[IFX Gertrude]

AUSTRALIA HAS A$5.022 BILLION TRADE SURPLUS IN NOVEMBER



Australia had a merchandise trade surplus of A$5.022 billion in November, the Australian Bureau of Statistics said on Thursday.

That was shy of expectations for a surplus of A$6 billion and down from the downwardly revised A$6.583 billion in October (originally A$7.456 billion).

Imports were up 10 percent on month after gaining an upwardly revised 2 percent in the previous month (originally 1 percent).

Exports rose 3 percent on month, slowing from the downwardly revised 4.4 percent gain a month earlier (originally 5 percent).

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[IFX Gertrude]

EUROPEAN ECONOMICS PREVIEW: GERMAN INDUSTRIAL OUTPUT, FOREIGN TRADE DATA DUE



Industrial production and foreign trade figures are due from Germany on Friday, headlining a busy day for the European economic news.

At 1.45 am ET, Swiss unemployment data is due. The jobless rate is seen at 3.5 percent in December versus 3.4 percent in November.

At 2.00 am ET, Destatis is slated to issue Germany's industrial production and external trade data. Exports are forecast to grow 0.8 percent on month in November, the same rate as seen in October. The annual growth in imports is seen rising to 0.4 percent from 0.3 percent.

Industrial production is expected to climb 0.7 percent on month in November versus a 3.2 percent rise in October.

In the meantime, industrial production from Norway and foreign trade from Finland are due.

At 2.45 am ET, the French statistical office Insee is slated to issue consumer spending and industrial production data for November. Also, foreign trade and current account figures are due from France.

At 3.00 am ET, industrial production from Hungary and foreign trade from Slovakia are due. In the meantime, the Czech Statistical Office releases third quarter GDP data and industrial output.

Half an hour later, UK Halifax house price data is due. Economists expect house prices to climb 0.5 percent on month in December, slower than the 1.2 percent rise seen in November.

Also, industrial production and new orders are due from Statistics Sweden.

At 4.00 am ET, Italy's unemployment data is due for November. The rate stood at 9.8 percent in October.

At 5.00 am ET, Eurostat is set to publish euro area unemployment data for November. The jobless rate is expected to rise to 8.5 percent from 8.4 percent in October.

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