The news: a snapshot

It's been an exciting week for market data: Asia has seen positive growth, while Australian government bonds rose for a fourth day in a row and gold maintained a two-day increase.

Oil climbed in price for a fourth straight session, amid rising beliefs that world supplies are diminishing.

In Asia, markets from Hong Kong to South Korea rose this week, while Tokyo shares pared losses as the yen erased an earlier gain.
Data on Monday on Chinese industrial production and retail sales will assess the global economy.

This comes as the nation plays host to a summit of world leaders, the Belt and Road Summit, that began on Sunday.

American retail sales and inflation reports were the latest to suggest expectations for growth in the world’s largest economy may have run a little high.

North Korea fired a ballistic missile early Sunday, its seventh such test this year. The Federal Reserve remains on track to lift interest rates again next month with jobless claims at a 28-year low and the unemployment rate down to 4.4 percent. Still, the odds have fallen to about 70 percent amid evidence the U.S. inflation outlook may be waning.

Events coming up this week

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