A Critical Week of Data out of Asia this Week
Weston Nakamura outlines the key macro data with global macro market implications for this week - as they all stem from the Asia region. Namely - retail sales, industrial production and GDP figures from China (and why China's "fake GDP" figures are nonetheless usefully informative), and Japan CPI at the end of the week, as the country's final inflation reading before the consequential April Bank of Japan meeting.
Weston also dives into the recent surge in gold prices, as spot gold nears its all time record high of $2,080 - and how he approaches gold price action as more of a currency pair against the US dollar, rather than a standalone commodity price.
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