China's Economy Stabilizing But Uncertainty Remains Amid Property Woes and Weak Confidence

China's economy shows signs of stabilizing but uncertainty remains due to property crisis and weak confidence. GDP growth expected to slow in Q3.

Recovery remains uneven; consumer prices near deflation again while home sales struggle. More policy easing may be needed.

Data this week on industrial output, retail sales, and unemployment will show how widespread stabilization is.

Questions remain about how much additional stimulus China will provide. More infrastructure spending and market stabilization measures mulled.

Rest of world Fed chief Powell speech, UK wage and inflation data, policy meetings in Indonesia and South Korea, and New Zealand election.