U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, consumerinstallmentcredit, and the weekly DOE liquid energy stocks report.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, the NFIB small business index, and consumerinstallmentcredit.
Less than 1% of urban Chinese use consumer loans to purchase consumer goods, while 47% of all US families have installment loans and 46% carry a credit card balance.