SAR
The Special Administrative Region (SAR) is the China’s regional area’s that have unique geographical locations such as Hong Kong and Macau. These SARs have high degrees of autonomy as a part of the People’s Republic of China. Hong Kong was formerly under the British colony while Macau was under the Portuguese colony. They were returned to the control of China in 1997 and 1999 respectively. The two SARs are living under the "one country, two systems" scheme that Deng Xiaoping developed. This means that the two SARs are able to have great autonomy. Their governments are mostly controlled by themselves such as executive, judicial, and legislative excluding diplomatic relations and defense.
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Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
