A few items on the data agenda today, and even though its a holiday in China we may get some eco data released from there
I doubt it, but it is a possibility. I'll get to that, though.
From the top...
2330GMT - Australia - Wespac Consumer Confidence Index for February
- prior was -3.5% to 97.3
2350GMT - Japan - PPI for January
- For the m/m change in PPI, expected is -0.7%, prior was -0.3%
- for the y/y, expected is -2.8% and prior was -3.4%
Yep, commodities and oil prices plunge keeping that producer level deflation going. Don't know what all the whingin' about low oil prices is all about (unless you work in the sector I suppose) - quite whining and go buy a V8 you lot!
0000GMT - Australia - HIA New Home Sales for December, prior was -2.7% m/m
-
And ... China ... expected some time from the 10th to the 15th:
- January new yuan loans, expected is 1830.0bn CNY, prior was 597.8bn
- Aggregate financing RMB for January, expected is 2200.0bn, prior was 1820.0bn
- Money supply M0 (Jan) y/y: expected is 5.2%, prior was 4.9%
- Money supply M1 (Jan) y/y: expected is 14.2%, prior was 15.2%
- Money supply M2 (Jan) y/y: expected is 13.5%, prior was 13.3%
I don't expect we'll get these today, I reckon they are more likely on this weekend (lucky us, eh?). Still, a heads up just in case.
