Financial markets in Asia are braced for a serious case of Monday blues, with a barrage of crucial data due on the first trading day of the week likely to show continued economic deceleration in China.
Third-quarter gross domestic product (GDP) for the world's second-biggest economy, alongside September retail sales, industrial output and fixed-asset investment (FAI), will be released at 10am local time on Monday.
China's growth in the July-September period likely slowed to 6.8 percent from a year earlier, according to a Reuters poll of 50 economists, down from 7 percent in the second quarter. If correct, the Reuters forecast growth would mark China's weakest pace of expansion since the first quarter of 2009, when it tumbled to 6.2 percent.
Meanwhile, factory output likely slowed in September, as firms cut back on output amid persistent overcapacity, turmoil in equity markets and a weak foreign trade environment, analysts from Moody's Analytics wrote in a recent note.
A Reuters poll predicts industrial production will have risen 6.0 percent on-year last month, a tad weaker than August's 6.1 percent rise.
Annual retail sales growth likely stayed flat at 10.8 percent in September, according to the Reuters' survey.
FAI - seen as a crucial driver of China's economy - is expected to slip to 10.8 percent in the first nine months of 2015, Reuters predicted, from 10.9 percent in January.
Not all market watchers, however, have a pessimistic outlook for China.
"We expect FAI to drop, given the fact that property investments are still trying to find a bottom. Our view is that it has already bottomed out, but we are not going to see new investments coming into the sector," Kelvin Tay, MD and regional chief investment officer for southern APAC at UBS Wealth Management, told CNBC's "Street Signs Asia" on Friday.
"This may not necessarily be a bad thing [because] if China is successful in switching from investment-led GDP to consumption-oriented growth, FAI should drop. And the kind of inputs that are used for FAI such as iron ore are indeed coming down," he added.