U.S. retail-sales figures highlight a week of data that will help investors and economists gauge the continuing impact of the coronavirus pandemic.
The Japanese economy expanded at an annualized 18.9% in the July-September period, according to economists surveyed by data provider Quick. While improvements in private consumption and exports likely buoyed the economy in the third quarter, economists expect any further recovery to be slow as a result of sluggishness in the services sector.
China’s economic momentum is expected to stay strong in October with the growth of domestic consumption and fixed-asset investment speeding up, while industrial production decelerates, according to a poll of economists by The Wall Street Journal. China’s economy appears to have fully regained its footing after a short but sharp coronavirus-related downturn early in the year.