All is quiet on the Southeast front. Chinese President Xi Jinping soothed markets last night in his keynote speech at the Boao Forum. In a great deal of showmanship, he gave global markets exactly what they wanted and needed by promising to raise the country’s limits on foreign investment and lower import duties on products such as cars.
U.S. producer prices fell in March for the first time in seven months, weighed down by a drop in the cost of services and energy products, but the largest annual increase in five years suggested inflation was rising.
U.S. producer prices moderated in February, but the trend pointed to a steady building up of inflation pressures.
U.S. producer prices rose more than expected in January, recording their largest gain in more than four years amid increases in the cost of energy products and some services, but a strong dollar continued to keep underlying inflation tame.
U.S. retail sales barely rose in November as households cut back on purchases of motor vehicles, suggesting some loss of momentum in economic growth in the fourth quarter.

Sunday, November 13
6:50pm JPY Prelim GDP q/q
9:00pm CNY Industrial Production y/y

A look at important economic reports for the week of July 11
A gauge of U.S. consumer spending rose solidly in November, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first time in nearly a decade.
U.S. producer prices unexpectedly rose in November as the cost of services increased, but the underlying trend continued to point to weak inflation pressures.
U.S. retail sales rose by a subdued 0.1% m/m in October, well below the 0.3% reading anticipated by economists.