On the economic calendar today, the focus is the Australian July jobs report. I'll be back with previews for this
2245GMT - New Zealand - PPIs for output and inouts, Q2
- PPI Output prior +1.4% q/q
- PPI Input prior +0.8% q/q
- Unlikely to have too much immediate forex impact
2350GMT - Japan - International Securities flows for the week ended August 11
2350GMT - Japan - Trade Balance for July
Trade balance:
- expected Y 327.1bn, prior was Y 439.8bn
Trade balance (adjusted):
- expected Y 195.3bn, prior was Y 81.4bn
Exports y/y:
- expected +13.2%, prior was +9.7% - exports have been strong for Japan, helping to support economic recovery
Imports y/y:
- expected +17.%, prior was +15.5%
0100GMT - New Zealand - ANZ Consumer Confidence Index for August
- prior -1.9% to a still very strong 125.4
0130GMT - Australian labour market report for July
Employment Change:
- expected 20.0K, prior 14.0K
Unemployment Rate:
- expected 5.6%, prior 5.6%
Full Time Employment Change
- prior was+62.0 K
Part Time Employment Change
- prior was -48.0K
Participation Rate
- expected is 65.0%, prior was 65.0%
more to come on a separate post on the jobs report
