Second-quarter growth slowed to 7.6 percent, and early indicators of July and August point to a lackluster third quarter.
As potential confounders, we considered a global time trend, temperature, relative humidity, barometric pressure, and indicators for month of the year, weekday and holidays.
Also out in the morning, albeit after the start of trading, is an index of leading indicators for September.
China's central bank announced late Saturday that it would loosen monetary policy in a clear effort to stimulate the economy after the release on Thursday and Friday of a batch of economic indicators for April that were considerably weaker than most economists had expected.
DATA WATCH A light economic calendar is expected to begin brightly with the report on Monday of the index of leading economic indicators for July.
Non-farm payrolls data is usually the most important indicator of the month, but September's US employment report, released tomorrow, is unlikely to provide a catalyst for markets.
The National Bureau of Statistics of China is scheduled to release a long list of economic indicators for May on Saturday morning in Beijing, including industrial production and the consumer price index.
And on Thursday, the Conference Board will announce its index of leading economic indicators for February.
Prices fell despite a better-than-expected report on the index of leading economic indicators for October from the Conference Board, a private industry group.
[World Business, Section W.] Leading Indicators Decline 0.5% The index of leading economic indicators for September dropped 0.5percentthethe biggest drop in more than five years, the Conference Board in New York said.
The Conference Board will issue its index of leading economic indicators for July (Monday), and there will be reports on durable goods for July and new home sales for July (Friday).
