Economic data due from Asia today (not much!)

The calendar is a sparse one

2145 GMT - New Zealand - Q3 Retail sales excl. inflation

  • expected +0.1% q/q
  • prior +1.9%

NZ Retail Trade Survey for the July to September 2017 quarter. As you can see, the June quarter was a biggie - supported by international sporting events in NZ (boosted hospitality, tourism, and retail spending). The expectation is for a slowing this quarter, also weighed on by the housing price growth slowdown.

For the NZD, its had a solid overnight (a lot is USD related) and a disappointing result (if we get it) would see NZD dip into bids that will be lurking.

As for the rest of the calendar ... nope ... that's about it!

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