2310GMT – Reserve Bank of Australia (RBA) – Tony Richards, Head of Payments Policy Department, gives a speech at the Australian Savings & Deposits Conference 2014 in Sydney. It is unlikely he will comment on the economy or monetary policy. (Latest from the RBA was their decision and accompanying statement yesterday)
(Much later, at 0800GMT on the 4th June, the RBA’s Luci Ellis, Head of Financial Stability Department, speaks at the University of Adelaide – there may well be comments of significance from this speech)
2330GMT AIG Performance of Services index for May, prior was 48.6
0130GMT brings us the biggie for today – Q1 2014 GDP
For the q/q:
- median expected is +0.9%
- prior was +0.8%
For the y/y:
- expected is +3.2%
- prior was +2.8%
I’ll have more on the GDP coming up, but speaking of Biggie …
