On the calendar today ...

2145GMT - New Zealand - Manufacturing activity data for Q4

Manufacturing Activity Volume, prior +2.1% q/q

Manufacturing Activity, prior +0.4% q/q

2350GMT - Japan GDP for Q4 2016, final

The 'preliminary' Q4 GDP is here, a series of misses

  • GDP (seasonally adjusted) q/q: expected 0.4%
  • GDP Annualized (seasonally adjusted) y/y: expected 1.5%
  • GDP Nominal (seasonally adjusted)q/q: expected 0.5%
  • GDP Deflator (inflation indicator): expected -0.1%
  • GDP Consumer Spending q/q, expected is 0.0%
  • GDP Business Spending q/q: expected 1.7%

Also at 2350GMT from Japan,

  • BoP Current Account Balance for January, expected ¥ 270.0B, prior ¥ 1112.2B
  • BoP Current Account Adjusted: expected ¥ 1464.1B, prior ¥ 1669.2B
  • Trade Balance BoP Basis: expected ¥ -800.2B, prior ¥ 806.8B
  • Bank Lending excluding trusts February, y/y: prior +2.6%
  • Bank Lending including trusts y/y: prior +2.5%

Later from Japan:

  • 0430GMT - Bankruptcies y/y fro February
  • 0500GMT - Leading and coincident indexes (preliminary for January)
  • 0600GMT - Economy Watchers survey (February)