Economic data due from Asia today

Happy Australia Day everyone! Market in Australia are closed for the holiday today.

The calendar is sparse, NZ inflation the highlight:

2145GMT - New Zealand - Government financial statements (whats the budget looking like etc.)

2145GMT - New Zealand - Q4 CPI

  • expected 0.3% q/q, prior 0.3% q/q
  • expected 1.2% y/y, prior 0.4% y/y
  • Given the results from the Australian Q4 inflation yesterday an under expected result will not be too much of a surprise. We'll soon find out!

2350GMT - Japan - Services PPI for December,

  • expected 0.3% y/y , prior 0.3%

Also at 2350GMt from Japan, International Securities Flows (week ended January 20)

0130GMT - China - December Industrial profits, prior +14.5%

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