Little on the economic calendar
The economic calendar in the Asian session is lacking:
- RBA Debelle will give a speech and participate in a panel at 2230 GMT. The comments will be focused on whether the RBA will look to stimulate more.
- NAB business confidence index for the 3rd quarter will be released at 0030GMT. The last reading came in at -15 for the 2Q. That was the lowest reading since the 2nd quarter of 2009. A reading above 0 indicates improving conditions while a reading below 0 indicates worsening conditions. The survey is from about 1000 businesses.