The Australian Bureau of Statistics releases the Import Price Index at 0030GMT, a quarterly figure that is not too closely watched. Although with the case being built for a rate cut from the RBA on Cup Day (Nov. 6 in Australia), all Australian data points are taking on added significance.
- Prior was +2.4%
- Market expected is at -1.2%
Chinese PMI is much, much more closely watched and today will be no exception. Its up at 0100GMT.
