Australian PMIs in focus first with GDP to come later

  • Australian third quarter due up later
economic calendar

It's a busy day on the economic calendar in Australia today with a sprinkling of Japanese data.

The numbers kick off at the top of the hour with the S&P Global services PMI and composite PMI. At the same time, the Australia Industry Group releases its manufacturing and construction report.

Then at 0030 GMT, Japan's PMI from S&P Global will be released along side Australian Q3 GDP. It's the first look at the numbers and, though yesterday's current account data showed a small drag from trade. That adds some downside risk to the +0.7% q/q reading.

There are no notable central bank speakers.

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