The two biggest economies in the Asia are locked in social crisis that could have large economic impact. The Japan purchase of islands under contention from China has sparked mass protests and forced some Japanese companies to halt operations. Both stock indices have been affected negatively as the world continues to watch a symbiotic trade relationship being put in jeopardy by old wounds. China, as the buyer of $195 billion in goods and services, is Japan’s biggest customer while at the same time being Japan’s number four supplier, with exports worth $148 billion.
China
- China Steel Output Drops | OANDA Forex Blog
- China vows ongoing support to resolve euro crisis | OANDA Forex Blog
- China Slowdown Seen Longer Than in Crisis by State Economist | OANDA Forex Blog
- Talks With China Loom as France Fails to Keep up with Germany | OANDA Forex Blog
- Hong Kong Unemployment Steady at 3.2 percent | OANDA Forex Blog
- China shares set for worst day in three weeks, Hong Kong flat | OANDA Forex Blog
- Beware China’s quantitative tightening | OANDA Forex Blog
- Asia Emerging Currencies Drop With Copper as China Stocks Fall | OANDA Forex Blog
- Dollar no longer primary oil currency as China begins to sell oil using Yuan | OANDA Forex Blog
Japan
- Overseas Japanese Bond Holders Reach Record High | OANDA Forex Blog
- US Record High Home Sales as Japan Double Stimulus | OANDA Forex Blog
- BOJ Expands Asset Purchase Program: Reaction | OANDA Forex Blog
- Japanese Shares Fall as China Protests Escalate | OANDA Forex Blog
- Yen Climbs Against Most Peers Before BOJ Meets; Aussie Declines | OANDA Forex Blog
Australia and New Zeland
- AUD – NZD Currency Union Rejected | OANDA Forex Blog
- AUD / USD – An Amazing Turnaround moving back to 1.06 | OANDA Forex Blog
Singapore
Taiwan
WEEK AHEAD
- JPY BOJ Minutes of Aug. 8–9 Meeting to Be Released
- EUR German Consumer Price Index (YoY)
- EUR German Consumer Price Index – EU Harmonised (YoY)
- EUR German Unemployment Change
- GBP Gross Domestic Product (QoQ)
- GBP Gross Domestic Product (YoY)
- USD Gross Domestic Product Price Index
- USD Gross Domestic Product (Annualized)
- USD Durable Goods Orders
- USD Personal Consumption Expenditure Core (YoY)
- CAD Gross Domestic Product (YoY)
