China PMI data to be released a 1 AM GMT. ANZ business confidence also to be released.

Japan/China off today...

Today, Japan and China is off, but that won't stop China from releasing the PMI data for April.

  • nonmanufacturing PMI, estimate 54.5 versus 54.6 prior
  • manufacturing PMI 51.3 versus 51.5 prior
  • composite PMI no estimate. Last 54.0.

The data will be released at 0100 GMT.

Also released at that time will be:

  • ANZ business confidence. Last month the index came in at -20.0. There is no estimate. The recent low was in November at -39.3. The index remains near low levels.
  • Australia's Melbourne Institute inflation MoM for April will be released at 0100 GMT. Last month rose 0.1% and 2.1% YoY.
  • Australia Price sector credit for the month of March is expected to rise by 0.4% vs 0.4% last month and 4.9% YoY (vs 4.9% last month). The report will be released at 0130 GMT

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