Looking ahead, two notable data releases coming up today in Australia:
At 0000GMT the Housing Industry Association releases New Home Sales figures for October.
- Sept. was -3.7%
At 0030 the even more important Capex (Q3 Private Capital Expenditure) figures come out from the ABS. These will be closely looked at to give clues regarding the RBA’s rate decision next Tuesday)
- Q2 was +3.4%
- Expectations are for a +2% reading this time
