- N.Z. July building permits m/m @22:45 GMT (survey 3.0%, prior 5.7%)
- Japan July retail trade y/y @ 23.:50 GMT (survey -0.1%, prior 0.2%)
- Japan July large retailers’ sales @23:50 GMT (survey -3.2%, prior -2.6%)
- N.Z. NBNZ August activity outlook @01:00 GMT (prior 24.0)
- N.Z. NBNZ August business confidence @ 01:00 GMT (prior 15.1)
- Australia 2qtr private capital expenditure @01:30 GMT (survey 3.0%, prior 6.1%)
- Australia July building approvals m/m @01:30 GMT (survey -5.0%, prior -2.5%).
- Australia July building approvals y/y @ 01:30 GMT (survey 6%, prior 10.2%)
- RBNZ Governor Bollard speaks @05:30 GMT.
We have a few minor releases tonight with the retail sales number out of Japan being one of the highlights ( though if USD/JPY moves 5 pips we’ll be lucky) . The others in Australia and New Zealand , if worse than forecast , could signal a sell-off for the two currency pairs already under pressure . Otherwise we continue range bound , but hopefully get a few minutes of movement .
Good Luck Today .
