- NZ 2Q Labor costs index ( 0.5% forecast) at 22:45 GMT.
- UK BRC July sales like-for-like (-0.2% forecast) at 23:01 GMT.
- Australia AiG construction index (34.8 prior) at 23:30 GMT.
- Australia RBA Cash Target and statement ( 3.5% forecast) at 04:30 GMT.
The summer Monday blues hopefully won’t continue into the usually fun filled and exciting Asian sessions . After all , we did see a nice rally in the euro to its highs of 1.2444 yesterday. With Usd/Yen near the 78.00 level , I’m sure we will hear a few words of wisdom from FM Azumi later in the session . Other than that , we have about 8 hours to go before the RBA rate decision , so hang on tight.
Good luck today .
