- New Zealand NZIER 3rd qtr. business confidence (prior -4) @ 21:00 GMT.
- IMF releases world economic outlook main chapters @ 21:30 GMT.
- New Zealand card spending September, retail (survey -0.3%, prior 3.0%) total (prior 2.4%) @ 21:45 GMT.
- New Zealand QV house prices y/y (prior 4.8%) @ 23:00 GMT.
- U.K. BRC retail sales monitor y/y (survey -0.2%, prior -0.4%) @23:01 GMT.
- RICS house price balance (survey -20%, prior -19%) @ 23:01 GMT.
- Japan August current account total (survey Y421.1B, prior Y625.4B) Adjusted C/A (survey Y520.0B, prior Y335.4B) @ 23:50 GMT.
- Japan August trade balance BOP basis (survey -Y628.6B, prior -Y373.6B) @ 23:50 GMT.
- Japan August current account balance (survey -3.7%, prior -40.6%) @ 23:50 GMT.
- Australia NAB business conditions (prior 1) and confidence (prior -2) @ 00:30 GMT.
- RBA’s Lowe speaks at fifinancial services luncheon @ 01:00 GMT.
- IMF releases fiscal monitor @ 01:30 GMT.
- Japan September bankruptcies (prior -5.8%) @ 04:40 GMT.
- BOJ Governor Shirakawa speaks, time is tentative.
The U.S. equity markets were softer during holiday trading following the trend set by Europe. The Dow Jones closed down .19% at 13,583.65, the S&P 500 down 0.35% at 1,455.88 and NASDQ losing 0.76% at 3,112.35. Both gold and WTI crude were off their highs, trading at 1,774.85 and 89.63 respectively. Looks like it was a mixed bag for currencies as both the EUR/USD and GBP/USD weakened against the dollar and the commodity currencies. Market is now looking ahead to the numbers coming out of Japan to see if the yen can maintain its overnight strength.
Good luck today.
