Pretty much all AUD-related today on the economic data front.
The big one is Aussie CPI at 0030GMT:
- The ‘headline’ result is the q/q CPI for Q3: expected is +0.8%, prior was +0.4%
- For the y/y, expected is 1.8%, prior 2.4%
- The ‘trimmed mean’ (which is the measure the RBA pays most heed to): expected 0.6%, prior 0.5% q/q
- Trimmed mean y/y: expected is 2.1%, prior 2.2%
All eyes will be on the CPI data today – while inflation has not been an issue recently, indeed it has allowed ‘scope’ for the RBA to ease further, should they judge the need to, we’ll be watching to see if that has changed at all.
I’ll have more of a preview of the CPI results as we get closer to release time.
Also at 0030GMT:
- DEEWR Skilled Vacancies m/m for September, prior was +0.3%
Earlier, at 2300GMT we get The Conference Board Leading economic index for Australia (August), prior was +0.3%
