A batch of top-tier economic data from China, including fourth quarter GDP growth, will grab the spotlight in Asia on Tuesday, and the numbers are not expected to be pretty.(YCC) bands following December’s surprise tweak.The land of rising yields is the No.Add a Comment Comment Guidelines We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

This does not necessarily mean investor sentiment and risky assets will automatically weaken – investors may consider these figures to be backward-looking, or bet that they will spur growth-friendly stimulus and policies from Beijing.Either way, it does look like Q4 GDP, as well as December retail sales, investment and industrial production data will confirm the world’s second-largest economy ended last year on an extremely weak footing.50% from 0.To varying degrees, all are expected to be softer than the previous measures.Citibank strategist Ebrahim Rahbari said that in the series of predicting historically unpredictable events, following the world’s most forecasted recession, markets were now dealing with another: “a likely BoJ YCC change.GDP is 0.55% last week, forcing the BOJ to ramp up its already massive quantities of bond purchases.8% from Q3, giving annual growth of just 1.Even negative opinions can be framed positively and diplomatically.

8% in the October-December period.The yen has been on a tear recently.In Europe, the World Economic Forum’ annual winter shindig in the Swiss mountain resort kicks off on Monday , marking a return for glitzy parties and high-minded debates following a three-year hiatus.Retail sales are expected to have fallen 8.6%.50 per dollar, a far cry from October’s low of 151.chart Economists polled by Reuters reckon China’s economy grew 2.S.8% last year overall, and will rebound to 4.China’s yuan also has been surging against the beleaguered dollar on soaring optimism surrounding the country’s reopening now that Beijing has ditched its zero-COVID policy.Comments that are written in all caps and contain excessive use of symbols will be removed.

9% this year.The transition away from the stringent zero-COVID policy of the last couple of years will be rocky in the near term as infections surge.70 per dollar on Friday, its strongest since early July.A final read of euro zone inflation for December, as well as readings from Britain, Canada and Japan are due.Authorities said on Saturday nearly 60,000 people with COVID died in hospitals between Dec.8 and Jan.All are expected to be weaker than the previous prints but investors are hoping this marks the economic nadir.12.In addition, any of the above-mentioned violations may result in suspension of your account.

Analysts at UBS have tried to quantify the impact China’s reopening has had on markets as investors price in the coming recovery.75%.They reckon it accounts for about half of the 70% of the recent market rally that can be attributed to macro factors.In other words, it is about 50% to 70% priced in already, they estimate.25% by March.House price data on Monday showed the sector continued to weaken into December as new COVID-19 outbreaks hit demand.New home prices fell month-on-month for a fifth month in a row, and year-on-year prices fell for an eighth straight month.00%.We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view.

Perhaps unsurprisingly, the yuan on Monday posted its biggest fall since late November.Perhaps it was due a breather, having rallied nearly 10% in the three months from early November to a seven-month high.50% by May, while Morgan Stanley’s team reckons this will be the last hike of the cycle.Meanwhile, the saga at embattled Chinese property developer took another twist on Monday when it was confirmed that its auditor PricewaterhouseCoopers had resigned over matters related to the 2021 fiscal year.Three key developments that could provide more direction to markets on Tuesday: – China GDP (Q4), retail sales, industrial output, investment (December) – World Economic Forum (Davos, Switzerland) – Fed’s Williams speaks Reporting by Jamie McGeever in Orlando, Fla.