Weekly US initial jobless claims landed at 197K, below the 200K forecast
US initial jobless claims totaled 197K last week versus a forecast 200K, with continuing claims at 1716K against a 1708K estimate.
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China's August retail sales rise 0.4% year-on-year, missing forecasts
China's August retail sales rose 0.4% year-on-year, missing the 0.6% expectations, while industrial production beat forecasts.
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Further information and analysis will follow shortly.
Fixed asset investment for the year to date (August) dropped 7.2% compared with the same period last year.
- The market had anticipated a 7.2% contraction, while the previous reading was a decline of 6.7%.
Retail sales in August were 0.4% higher year-on-year.
- Economists had projected a 0.8% increase, after a prior gain of 0.6%.
Industrial output expanded 5.2% annually in August.
- That beat the 4.8% consensus forecast and accelerated from the prior month's 4.5% rise.
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