Date 16 Sep 24 (Mon): Last Week Recap... weak China data dragged today Asia performance

Last week, U.S. CPI drops to 2.5%, the chance of rate Cut of 25 basis point is in view.. As markets anticipate the USD will weaker if rate cut is coming, Gold price at record high

United States YoY, Aug Data

Core CPI : 3.2% (unchange)

CPI : from 2.9% to 2.5% Core PPI : 2.3% to 2.4%

PPI : from 2.1% to 1.7%

Core CPI (MoM) : from 0.2% to 0.3%

CPI (MoM) : 0.2% (unchange)

Core PPI (MoM) : from -0.2% to 0.3% PPI (MoM) : from 0% to 0.2%

China YoY, Aug Data

House Prices : -4.9% to -5.3%

Fixed Asset Investment, : 3.6% to 3.4%

Industrial Production : 5.1% to 4.5%

Retail Sales : 2.7% to 2.1%

Chinese Unemployment Rate : 5.2% to 5.3%

New Loans, Aug : 260.0B to 900.0B Outstanding Loan Growth, Aug : 8.7% to 8.5%

Chinese Total Social Financing, Aug : 770.0B to 3030.0B