To kick off the economic calendar today it's the ANZ Truckometer from New Zealand. My favourite!

And I know someone else who is looking forward to it:

Yeah baby! Its on the way, due at 2200GMT

  • For April
  • prior +1.7%
  • There is a 'heavy' traffic index and a 'light' traffic index, it's the heavy that is the headline

And, its useful too - it uses traffic flows as a proxy for NZ economic growth. ANZ's commentary on the March result (in very brief, more here):

  • Heavy Traffic Index continues to trend strongly upwards
  • The upward trend in the Light Traffic Index has shown a few wobbles of late, suggesting we may see economic growth moderate later in the year.

Also at 2200GMT, New Zealand government 9-month financial statement (9 months into the NZ financial year)

2245GMT - New Zealand again - Retail and total electronic card spending data (April_

  • Retail expected 0.6% m/m, prior -0.3%
  • Total, prior +0.5%

2350GMT - Bank of Japan 'Summary of Opinions' from the April monetary policy meeting

The Summary of Opinions comes out very soon following the policy meeting and precedes the formal minutes by many weeks (the Minutes for the April 26 - 27 meeting are due June 21!)

At the April meeting policy was left unchanged, the economic assessment was revised higher, which was all pretty much as expected - more here

0130GMT - China April inflation data

  • CPI expected 1.1% y/y, prior 0.9%
  • PPI expected 6.7%, prior 7.6%

I'll have more to come as a preview on these.

0500GMT - Japan - Leading and Coincident Indexes for March, preliminary

  • Leading expected 105.5, prior 104.8
  • Coinckydink expected 114.7, prior 115.3