And China inflation data also a focus
2350 GMT - Japan - Bank of Japan 'Summary of Opinions' from the October monetary policy meeting
- The 'Summary' precedes the full minutes (not due until December 26)
The announcement & statement from the October 30-31 meeting here:
- BOJ announce no change to monetary policy
- BOJ keeps policy steady; board newcomer signals desire for easing
- BOJ keeps stimulus unchanged as it trims inflation outlook (recap)
Also due from Japan at 2350 GMT - international securities flows and bank lending (October).
More of note .... also due at
2350 GMT from Japan, machinery orders for September and Balance of Payments Current Account for September
September Core Machinery Orders
- m/m, expected is -2.0%, prior +3.5%
- Core Machinery Orders y/y, expected is +2.0%, prior +4.4%
Core Machinery orders data is from Japan's Cabinet Office, it includes private sector machinery orders (but excluding ship and power equipment). Its useful as an indicator of capex to come (in around 6-9 months) and is a volatile data set.
BoP Current Account Balance for September,
- expected ¥ 2363.4B, prior ¥ 2380.4B
- BoP Current Account Adjusted, expected ¥ 2053.3B, prior ¥ 2266.9B
- Trade Balance BoP Basis, expected ¥ 832.5B, prior ¥ 318.7B
0001 GMT - UK RICS house price balance for October, expected and prior both 4%
0030 GMT - Australia - Housing finance for September
- Home loans m/m, expected is 2.0%, prior was 1.0%
- Investment lending m/m, prior was 4.3%
- Owner-occupied loan value m/m, prior was 0.9%
I'll have more to come on this separately
0130 GMT - China inflation data for October
- CPI expected 1.8%, prior 1.6%
- PPI expected 6.6%, prior 6.9%
I'll have more to come on this separately ... if I can dig anything up that is
Much later, coming up at 0500 GMT from Japan - the 'Economy Watchers Survey', published by Cabinet office:
- The purpose of the survey is to promptly gain an accurate grasp of region-by-region economic trends. By enlisting the cooperation of people holding jobs that enable them to observe activity closely related to regional economy, these survey results can be used as basic material for assessing economic trends.
