Traders in Asia are gearing up for an eventful week – with a slew of key economic data slated for release by the region's three largest economies – China, Japan and India - on top of central bank decisions in South Korea and Indonesia.
The focus will no doubt be on China – which is due to publish September trade numbers on Tuesday, foreign direct investment figures on Wednesday as well as consumer and producer inflation data on Thursday.
"Chinese imports and exports likely fell in September despite the lower yuan. Foreign direct investment in China is also slowing, as overcapacity in housing‐related sectors drags on growth," said Alastair Chan, economist at Moody's Analytics.
The raft of data comes ahead of China's highly-anticipated third quarter gross domestic product (GDP) report on October 19, which is expected to show a further loss of growth momentum in the world's second largest economy in the second half of the year.
Investors will also get a health check on India's economy, with September trade, consumer inflation and August industrial production data due on Monday and September wholesale inflation on Wednesday.
While India is largely a domestic demand driven economy, the country has been feeling the pinch from China's slowdown via slackening exports.