A sparse Friday docket for the data agenda today. Gonna need some tweets from someone to liven things up!
2245GMT New Zealand producer prices for Q2
- PPI Output prior 0.2%
- PPI Input prior 0.6% q/q
- This is (in a nutshell) wholesale pricing, not consumer level inflation
2330 GMT Reserve Bank of Australia Governor Lowe speaks
- Appears before parliament (House of Representatives' Standing Committee on Economics)
- Semi-annual testimony
- I'll have a bit of a preview to come on this separately
0110 GMT its over to the BOJ for some quantitative easing action. Its a scheduled purchase operation for JGBs. Today they will be buying the little rascals with 1 - 3 and 3 - 5 years remaining until maturity
Much later, coming up at 0730 GMT another RBA speaker, this time Luci Ellis, Assistant Governor (Economic), at The Australian National University (ANU):
- Luci Ellis will be speaking about how the passage of time affects the ways in which we think about the economy, where time lags come from, how they might change and what they might be telling us.
