China is on holidays for the Lunar New Year but that isn't stopping the China Federation of Logistics and Purchasing (CFLP) and the National Bureau of Statistics. We get manufacturing and non-manufacturing PMIs today.
Amongst a heap (technical term) of other data
2145GMT - New Zealand - Q4 employment data
- Unemployment rate for Q4: expected is 4.8%, prior was 4.9%
- Employment change for Q4 q/q: expected is +0.7%, prior was +1.4%
- Employment change for Q4 y/y: expected is +6.1%, prior was +6.1%
- Participation rate for Q4: expected is 70.2%, prior was 70.1%
- Average hourly earnings for Q4: expected is +0.6%, prior was 0.3%
- Private wages including overtime for Q4: 0.5%, prior was 0.4%
- Private wages excluding overtime for Q4: 0.5%, prior was 0.4%
Data flow from NZ is showing a strong economy, back in 'rock star' territory. Hence the expected strong employment data.
2220GMT - Bank of Canada Governor Poloz is speaking - heads up for CAD traders!
2230GMT - Australia - manufacturing PMI (January)
- Australian Industry Group Performance of Manufacturing Index, prior 55.4
2300GMT - Australia - House prices for January, prior +1.4% m/m
0001GMT - UK - BRC Shop Price Index (January), expected -1% y/y, prior -1.4%
0030GMT - Japan - Nikkei Manufacturing PMI (January, final)
- The flash was 52.8
- December was 52.4
0100GMT - China data
- January Manufacturing PMI, expected 51.2, prior 51.4
- January Non-manufacturing PMI, prior 54.5
0500GMT - Japan Vehicle Sales for January
0530GMT - Australia - Commodity Price Index for January
