The Bank of Japan will be buying Japanese Government Bonds again today.

From the top ... none of these are expected to have too much immediate forex impact excpet for the Australian employment data:

2350 GMT - Japan - Core Machine Orders for December 2017

  • expected -2.0% m/m, prior +5.7%
  • expected +1.8% y/y, prior +4.1%

This is a volatile data point - it measures 'core' machinery orders, excluding those for ships and electric power utilities. It is a guide to business investment (capex) six to nine months out.

0000 GMT - Australia - consumer inflation expectations for February

  • prior 3.7%
  • Melbourne Institute (MI) Inflation Expectations survey

0030 GMT - Australia - January employment report

Employment Change:

  • expected 15.0K, prior 34.7K

Unemployment Rate:

  • expected 5.5%, prior 5.5%

Full Time Employment Change,

  • prior was +15.1K

Part Time Employment Change,

  • prior was +19.5K

Participation Rate,

  • expected is 65.6%, prior 65.7%

I posted a preview of this yesterday:

and will have more to come

Also due at 0030 GMT - RBA transactions for January.

0110 GMT - Bank of Japan JGB buying operation scheduled

  • 1-3, 3-5, 5-10 years

Later in the day from Japan, due at 0430 GMT - final industrial production for December

Flash data is here, it was a big beat

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