On the economic data calendar today the highlight is China
But, from the top:
2230GMT - New Zealand services PMi for June
- BNZ - BusinessNZ Performance of Services Index (PSI)
- May was 58.8
Services PMIs are not generally as closely watched as manufacturing PMIs
2301GMT - house price indications from the UK
- Rightmove house prices (Rightmove report is on asking prices)
- For July, June was -0.4% m/m and +1.8% y/y
0200GMT - China data for June and also China GDP for Q2
- Industrial Production y/y expected is 6.5%, prior was 6.5%
- Industrial production YTD y/y expected is 10.3%, prior was 10.3%
- Fixed Assets (excluding rural) YTD y/y, expected is 8.5%, prior was 8.6%
- Retail Sales y/y, expected is 10.6%, prior was 10.7%
- Retail Sales YTD y/y, expected is 10.3%, prior was 10.3%
I'll have a preview of these to come
Also, GDP for April - June:
- For the y/y, expected 6.8%, Q1 was 6.9%
- For q/q (sa) expected 1.7%, prior 1.3%
- YTD GDP expected 6.8%, prior 6.9%