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[IFX Gertrude]

AUSTRALIA HAS A$12.117 BILLION TRADE SURPLUS IN JULY



Australia posted a seasonally adjusted merchandise trade surplus of A$12.117 billion in July, the Australian Bureau of Statistics said on Thursday.

That beat forecasts for a surplus of A$10.2 billion and was up from A$10.496 billion in June.

Exports climbed A$2.090 billion or 5.0 percent on month to A$45.951 billion, up from 4.0 percent a month earlier.

Imports were up A$1.087 billion or 3.0 percent on month to A$33.834 billion, accelerating from 1 percent.

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[IFX Gertrude]

AUSTRALIA RETAIL SALES SINK 2.7% IN JULY



The total value of retail sales in Australia was down a seasonally adjusted 2.7 percent on month in July, the Australian Bureau of Statistics said on Friday - coming in at A$29.778 billion.

That was in line with expectations following the 1.8 percent decline in June.

Individually, food retailing gained 2.3 percent on month, while household goods fell 2.2 percent, clothing tumbled 15.4 percent, department store sales dropped 11.4 percent and cafes and restaurants sank 12.3 percent.

Total online sales were A$3.724 billion in July, in seasonally adjusted terms. This was the highest level of monthly online sales in the history of this series.

On a yearly basis, retail sales fell 3.1 percent.

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[IFX Gertrude]

THAI INFLATION DATA DUE ON MONDAY



Thailand will on Monday release August figures for consumer prices, headlining a light day for Asia-Pacific economic activity.

In July, overall inflation was up 0.45 percent on year and core CPI rose an annual 0.14 percent.

New Zealand will see August results for job advertisements from ANZ; in July, job ads were down 0.5 percent on month.

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[IFX Gertrude]

EUROPEAN ECONOMICS PREVIEW: GERMANY ECONOMIC SENTIMENT, IP DATA DUE



Economic confidence and industrial production reports from Germany are due on Tuesday, headlining a busy day for the European economic news.

At 1.45 am ET, Swiss unemployment data is due for August. The jobless rate is seen unchanged at seasonally adjusted 3.0 percent.

At 2.00 am ET, Destatis releases Germany's industrial production data for July. Economists forecast output to grow 0.9 percent on month, in contrast to a 1.3 percent fall in June.

In the meantime, UK Halifax house price data is due. Monthly house price inflation is forecast to rise to 1.1 percent in August from 0.4 percent in July.

Also, foreign trade from Finland and industrial output from Norway are due.

At 3.00 am ET, retail sales from the Czech Republic and industrial production from Hungary are due. Sales are forecast to grow 4.9 percent on year in July, following June's 7.2 percent increase.

At 5.00 am ET, Germany ZEW economic confidence survey results are due. The economic sentiment index is forecast to fall to 30.0 in September from 40.4 in the previous month.

Also, Eurostat is slated to issue euro area revised quarterly GDP data. The statistical office is expected to confirm 2 percent sequential growth for the second quarter.

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[IFX Gertrude]

JAPAN HAS Y1.910 TRILLION CURRENT ACCOUNT SURPLUS



Japan had a current account surplus of 1.910 trillion yen in July, the Ministry of Finance said on Wednesday - up 24.5 percent on year.

That was shy of expectations for a surplus of 2.30 trillion following the 905.1 billion yen surplus in June.

Exports were up 37.5 percent on year at 7.220 trillion yen, while imports jumped an annual 29.3 percent to 6.598 trillion yen for a trade surplus of 622.3 billion yen.

The capital account showed a deficit of 5.0 billion yen following the 36.7 billion yen shortfall a month earlier.

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[IFX Gertrude]

EUROPEAN ECONOMICS PREVIEW: ECB MONETARY POLICY DECISION DUE

The monetary policy announcement from the European Central Bank is due on Thursday, headlining a light day for the European economic news.

The bank is expected to signal a gradual reduction in asset purchases and to keep its key interest rates unchanged. The monetary policy statement is due at 7.45 am ET.

ECB President Christine Lagarde holds her customary press conference at 8.30 am ET. The ECB staff macroeconomic projections is also due. The bank is widely expected to raise its inflation and growth forecasts for 2021.

Other economic reports due for the day are as follows:

At 2.00 am ET, Destatis releases Germany's foreign trade data for July. Economists forecast exports to grow 0.5 percent on month and imports to rise 0.2 percent. In the meantime, external trade figures are due from Romania and Lithuania.

At 5.00 am ET, unemployment data for June is due from Greece. The rate stood at 15.9 percent in May.

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[IFX Gertrude]

NEW ZEALAND ELECTRONIC CARD SPENDING DATA DUE ON FRIDAY



New Zealand will on Friday release August figures for electronic retail card spending, highlighting a light day for Asia-Pacific economic activity.

Spending is expected to have risen 1.7 percent on month and 11.4 percent on year after gaining 0.6 percent on month and 4.7 percent on year in July.

Australia will see consumer inflation expectations for September; in August, the forecast suggested an increase of 3.3 percent on year.

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[IFX Gertrude]

JAPAN LARGE COMPANIES' BUSINESS SENTIMENT TURNS POSITIVE



Confidence among Japanese larger companies turned positive in the third quarter, survey data from the Ministry of Finance showed on Monday.

The Business Survey Index, or BSI, of larger companies climbed to +3.3 in the September quarter from -4.7 in the June quarter.

The confidence index for the fourth quarter is forecast to rise to 6.8.

The confidence index of manufacturers came in at 7.0 versus -1.4 a quarter ago. Likewise, sentiment among non-manufacturers improved to 1.5 from -6.2 in the third quarter.

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[IFX Gertrude]

SOUTH KOREA EXPORT PRICES JUMP 18.6% ON YEAR



Export prices in South Korea were up 18.6 percent on year in August, the Bank of Korea said on Tuesday - following the 17.4 percent increase in July.

Export prices for manufacturing products advanced 18.6 percent on year and export prices for agricultural, forestry and marine products gained 9.6 percent.

Import prices jumped an annual 21.6 percent, up from 19.5 percent in the previous month.

On a monthly basis, export prices rose 1.0 percent and import prices gained 0.6 percent.

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[IFX Gertrude]

POUND FIRMS AFTER U.K. CPI, PPI



At 2.00 am ET Wednesday, the Office for National Statistics has published UK consumer and producer price data for August.

The pound rose further against its major counterparts after the data. The pound was trading at 1.3820 against the greenback, 151.43 against the yen, 1.2714 against the franc and 0.8544 against the euro around 2:02 am ET.

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