Its another packed event calendar ahead for Asia
2245GMT - New Zealand - Building Work done for Q2
- expected +1.6% q/q, prior -3.5%
2300GMT - Australia - CBA / Markit August services and composite PMIs
- priors 57.0 and 56.7 respectively
230GMT - UK - BRC like-for-like sales August
- prior +0.9% y/y
2330GMT - Australia - AiG Services PMI August
- prior 56.4
- Earlier this month we got the August manufacturing PMI for the group, 59.8 (vs. prior 56.0)
2330GMT - Australia - weekly ANZ / Roy Morgan Consumer confidence
- prior 113.5
0030GMT - Japan - Nikkei / Markit August services and composite PMIs
- priors 52.0 and 51.8 respectively
0100GMT - New Zealand - ANZ Commodity Prices for August
prior -0.8% m/m
0130GMT - Australia - BoP Current Account for Q2
- expected AUD -7.5bn, prior AUD -3.1bn
- net exports as a % of GDP, expected 0.0, prior -0.70
- the GDP for Q2 is announced September 6, this data will be used in the result
0145GMT - China Caixin / Markit August services and composite PMIs
- priors 51.5 and 51.9 respectively
0430GMT - Australia - Reserve Bank of Australia September monetary policy announcement
- No change in rates expected, the focus to be on the statement.
- Governor Lowe will also be speaking a few hours later (0910GMT) at the RBA Dinner.
I'll have a preview of this soon. Earlier preview:
- Its 'super Tuesday' tomorrow for RBA Governor Lowe
- Australia - a double dose of RBA Governor Lowe coming on Tuesday
- AUD traders - next week is a big one for RBA communication - mark up your diary
more to come
