UPCOMING EVENTS:Monday: New Zealand Services PMI, Eurozone Industrial Production, US Retail Sales, US NAHB Housing Market Index, PBoC MLF.Tuesday: China Industrial Production and Retail Sales, UK Labour Market report, Eurozone ZEW, Canada CPI, US Housing Starts and Building Permits, US Industrial Production. Wednesday: New Zealand CPI, UK CPI.Thursday: Australia Labour Market report, US Jobless Claims.Friday: Japan CPI, UK Retail Sales.MondayThe PBoC is expected to keep the MLF rate unchanged at 2.50%. The recent “activity” data has been pretty good with the latest PMIs coming in strong. The CPI figures though missed expectations by a big margin as the
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