No better-than-mixed results are expected for Tuesday’s sweep of Chinese data headlined by an expected 4.9 percent year-over-year rate for first-quarter GDP. This would mark slight slowing from 5.2 percent in the first quarter. Monthly data on both industrial production and retail sales are also expected to slow.
The week opens with a busy Monday that will include Japanese machinery orders and Eurozone industrial production and will be highlighted by US retail sales which are expected to once again be solid. UK consumer prices expected to continue to fall in data for Wednesday…Econoday