The calendar is beginning to look a little sparse, as are research pieces

Ah well - Christmas / New Year is on the way!

Coming up today ....

Beginning at 2100 GMT - New Zealand - .... no wait, Adam has this one covered already!

OMG .... NZ ... doomed!

2230 GMT - Australia - ANZ / Roy Morgan Weekly Consumer Confidence index

  • Last week it was to 115.1 ... below its 4 week moving average, which is around 115.6 .... but, above its longer run average around 112.9

Australia ... opposite of doomed!

0000 GMT - New Zealand - ANZ bank's business survey, December, with 'headlines' for business confidence and activity outlook

  • prior was 39.3 and 6.5 respectively, both down from October

0030 GMT - RBA minutes from the December meeting (back on December 5). I'll have more to come on this separately.

Later in the session, due at 0600 GMT from Japan, machine tool orders for November, final

  • preliminary was +46.9%
  • and +49.8% y/y prior
  • this indicator measures the change in total value of new orders placed with Japanese machine tool manufacturers ... and its been healthy in recent months indeed:

BTW, coming up overnight, the final Global Dairy Trade auction for 2017. more to come also.