It is a busy economic data calendar in Asia today, Japan and China the focus. Its Bank of Japan day too!
There is no scheduled time for the Bank of Japan announcement - but expect it in the 0230 to 0330 GMT time window
Previews of the BOJ:
- Preview of the BOJ meeting (Cap Eco)
- Moving along - preview of the Bank of Japan meeting
- Preview of the Bank of Japan meeting (announcement due Tuesday)
- BOJ likely on hold this week, but to nudge down inflation forecasts
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2145 GMT - New Zealand - Building consents (permits) for September
- prior +10.2% m/m for August, driven by permits for apartments, townhouses etc (August was the biggest month in 13 years for these - mind you, July was very, very low). As you might guess, this is a volatile data series
2230 GMT - Australia - ANZ Roy Morgan weekly consumer sentiment
- prior 113.3
2330 GMT - Japan
- Overall Household Spending y/y for September, expected is 0.6%, prior was 0.6%
- Jobless Rate for September, expected is 2.8%, prior was 2.8%
- Job-To-Applicant Ratio for September, expected is 1.53, prior was 1.52
Yesterday's retail sales figures were not too bad - so maybe we get an improvement for household spending, which has been a laggard in Japan's recovery 9slow wage growth cited)
- Japan - Retail sales data for September +0.8% m/m (expected +0.8%)
- More on the Japan retail sales data (recap)
2350 GMT - Japan - Industrial production for September preliminary
- Industrial Production m/m expected is -1.6%, prior was -2.0%
- Industrial Production y/y expected is 2.0%, prior was 5.3%
- I'll be back with more on this separately as a preview
0000 GMT - New Zealand ANZ business confidence and activity outlook for October
- Priors 0.0 and 29.6 respectively
0000 GMT - Australia - HIA New Home Sales for September
- August was +9.1% m/m
0001 GMT - UK data for GfK consumer confidence (October)
- expected -10, prior -9
and also the Lloyds business barometer for October (prior 23)
0030 GMT - Australia - Private Sector Credit for September
0100 GMT - China - Official manufacturing and non-manufacturing PMIs for October
I previewed these yesterday in two posts, worth checking out if you're interested:
- Ahead of the PMIs, earliest gauges of China's economy for October are mixed indeed
- Plenty of data to come from China this week - heads up
Manufacturing
- expected 52.0, prior 52.4
Non-manufacturing,
- prior 55.4
0400 GMT - Japan - September vehicle production and at 0500 GMT from Japan again, housing starts for September.
