China’s central bank will announce its latest key interest rate, the loan prime rate. It could leave the benchmark rate unchanged for the seventh straight month as the economy shows signs of improving.
The retail sales figure for October should underline the rebound by consumers. However, the unemployment rate for October, which could show a rise from 5.4% in the previous month could show that the central government still has work to do.
Unlike China, retail sales in the UK could have come off the boil slightly in October. After three consecutive months of improving sales growth, the growth rate last month could have slowed from 4.7% in September to just 4%.
Markets could get a better picture of Japan’s economy when it reports GDP growth rate for the third quarter. It is expected to show that the economy rebounded between July and September, whilst the rate of inflation remained subdued....