Economic data due from Asia today (a light one)

Earlier, from New Zealand: NZ data - January Building Consents +0.8% m/m (prior -7.2%)

Still to come:

0000GMT - Australia - Melbourne Institute Inflation (February)

  • This is a privately produced measure on inflation
  • We get official data one a quarter, so this monthly survey is welcome information
  • Not usually much an FX market mover though
  • prior 0.6% m/m & 2.1% y/y

0030GMT - Australia - Retail Sales, January

  • expected +0.4%, prior -0.1%
  • December was weak
  • Expected for today's result (January data) is not too hot either
  • Household spending is an area of concern for the Reserve Bank of Australia (meeting tomorrow)

Also 0030GMT - ANZ's Job Ads figures for February

  • prior 4.0% m/m and +3.7% y/y

0100GMT - New Zealand - Monthly Economic Indicators data from the NZ Treasury

Usually a good summary of what's happening in the New Zealand economy (think 'Rock Star')

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