Economic calendar in Asia Monday, 6 November 2023 - Bank of Japan meeting minutes

The Bank of Japan minutes are from the meeting of September 21 and 22. This meeting was a bit of a non-event, no change to policy:

• BoJ makes no change to its major policy planks, no change to forward guidance

The BOJ's 'Summary of Opinions' of meetings precede the Minutes by many weeks. This of the summary as sort of a Minutes 'Lite', they do give us some of idea of the discussion that took place. In the case of the September meeting the summary revealed a lot of batting around of ideas but, as I said above, no policy change:

• BOJ September meeting summary - Yen, oil price moves may stop inflation from falling much

Also due from Japan, a little after the minutes, are the services and composite PMI.

• Services preliminary was 51.1 vs. 53.8 prior
• Composite preliminary was 49.9 (the lowest since December 2022) vs prior 52.1

Also coming up are inflation data from Australia, the privately surveyed TD / MI monthly CPI gauge. The ABS survey of monthly inflation is a new indicator, the TD/MI indicator has been around a lot longer and is a respected survey. The Reserve Bank of Australia November meeting is on Tuesday, a rate hike of 25bp is widely expected. The CPI data from this survey will be a reminder that inflation in Australia is well above target.

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
• I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.