2100 GMT - New Zealand - ANZ Truckometer for February, an indicator derived using traffic volume data and used as a proxy to economic growth

  • 'Heavy' traffic index, prior +4.1%
  • 'Light' traffic index prior -0.5%

2145 GMT - New Zealand - manufacturing activity for Q4

2350 - Japan - BoP Current Account for January

BoP Current Account Balance

  • expected ¥ 437.4B, prior ¥ 797.2B

BoP Current Account Adjusted

  • expected ¥ 1761.9B, prior ¥ 1479.6B

2350 - Japan - international securities flows for the week

2350 GMT - Japan and the focus for today, the final reading for Q4 2017 GDP

The preliminary reading for Q4 GDP was +0.1% q/q, which was a little lower than what was expected (median consensus was +0.2%) but a slide from a strong result in Q3, which was +0.6%.

GDP (seasonally adjusted) for Q4, final, q/q:

  • expected is 0.2%, preliminary was 0.1%, prior 0.6%

GDP Annualized (seasonally adjusted) for Q4, final y/y:

  • expected is 1.0%, preliminary was 0.5%, prior 2.2%

GDP Nominal (seasonally adjusted) for Q4, final q/q:

  • expected is 0.1%, preliminary 0.0%, prior 0.6%

GDP Deflator y/y for Q4, final:

  • expected is 0.0%, preliminary 0.0%, prior 0.0%
  • This is an inflation indicator ... wow ... just not happening, is it?

GDP Consumer Spending (aka private Consumption) y/y for Q4,

  • expected is 0.5%, preliminary 0.5%, prior -0.6%

GDP Business Spending y/y for Q4,

  • expected is 1.3%, preliminary 0.7%, prior 1.0%

I'll be back with more on this separately

2350 GMT - Japan bank lending for February

0001 GMT - UK data - RICS house price balance for February

0030 GMT - Australia - Trade Balance for January

Exports were a subtraction from Q4 GDP (data was out yesterday) so lets see how they beign to shape up in Q1 of 2017 with the January figures today.

  • Expected surplus of AUD 160m, prior was a deficit of AUD 1358m

I'll have more to come on this separately