Once again ladies and gentlemen - New Zealand, Australia and Hong Kong are all closed today - leaving Singapore and Japan as the major forex trading centres open for business.
On the data front:
- (over the weekend was China PMIs - data here)
2350GMT - Bank of Japan Tankan for Q1
The BOJ Tankan Survey as a survey of manufacturing and service companies designed to assess business conditions in Japan, its conducted quarterly.
- Tankan Large Manufacturing Index, expected 25, prior was 26
- Tankan Large Non-Manufacturing Index, expected 24, prior was 25
- Tankan Large Manufacturing Outlook, expected 22, prior was 21
- Tankan Large Non-Manufacturing Outlook, expected 21, prior was 20
- Tankan Large All Industry Capex, expected 1.0%, prior was 6.4%
- Tankan Small Manufacturing Index, expected 14, prior was 15
- Tankan Small Non-Manufacturing Index, expected 8, prior was 9
- Tankan Small Manufacturing Outlook, expected 10, prior was 11
- Tankan Small Non-Manufacturing Outlook, expected 5, prior was 4
0030GMT - Japan - Nikkei / Markit Manufacturing PMI for March (final)
- the preliminary reading for this (released March 22) was 53.2
- prior (for February) was 54.1
From the flash result, major points:
- Weakest improvement in business conditions since October 2017
- New orders increase, albeit to weakest extent in five months
- Job creation eases amid joint-softest pace of output growth since July 2017
- 18th consecutive month of new order increase
- output prices accelerated a little (an indication of increasing demand)
0100GMT - Australia - Private inflation data, a monthly gauge from the Melbourne Institute
priors:
- -0.1% m/m
- 2.1% y/y
- trimmed mean 2.2% y/y
0110GMT - Bank of Japan JGB buying operation
- 10-25, 25+ years to maturity
0145GMT - China - the private survey Manufacturing PMI from Caixnin / Markit
- expected 51.7, prior 51.6
- And, ICYMI: over the weekend was China PMIs - data here
