The Traderszone Network

This is another of the inputs into the GDP data due tomorrow.
While export prices rose volumes fell. The minus 1% is a hefty chunk out of the GDP result, eyes will be focused on if tomorrow’s final GDP is positive q/q 

Housing and business credit higher m/m 
 +0.7% m/m
 +4.0% y/y 

Australia Building Approvals for July
 % m/m % y/y
 more to come   

“Rental Policy Shock”: 750,000 Households Are About To Be Evicted – What Happens To The Economy

With the Supreme Court officially striking down Biden’s eviction moratorium and with most state-level restrictions set to expire over the next month, Goldman has calculated how sharply evictions could rise under current policy in order to estimate the potential impact on the economy.

First some big picture details:

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Canada heads to the polls …. sort of. 
There may be the situation where a clear winner is visible in the votes cast on the day but do be aware that this may not be the case and the result could therefore take many days after September 20. While the election is not expected to have

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More

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People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.    
PBOC
injects 50bn yuan via 7-day reverse repos