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Return to growth. Results expected to confirm a 60 drop in operating profit rate and south korea Industrial Production for the month of june, when it comes to the seasonally adjusted monthtomonth we are seeing growth of 0. 2 . But still growth recovery from the contraction we saw in the previous. Estimates ofssing growth of 0. 3 . The number for may has been revised to a smaller concoction that it was thought initially, to a contraction of 1. 3 from a. Yearonyear, it is a bigger contraction than expected, a contraction of 2. 9 . The estimate was for a fall of 2 . It would mark the second consecutive month that the year on year gauge is in contraction for factory outputs and south korea. So both numbers missing estimates. The bigger fall is on the ronyear number from 2. 9 of 2. 0 . A down cycle in the Semiconductor Sector weighing on the economy. We are getting ex ....
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During the Asian session, Australian activity data is due, as well as the Chinese Caixin Services PMI. The final European PMI readings are also due, a ....
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