Here is what’s on the economic calendar in Asia today

Author: Eamonn Sheridan | Category: News

2350 GMT Japan - Core Machinery Orders for February

  • expected -2.9%, prior 2.9% m/m

  • expected -3.0%, prior -0.3% y/y

  • Used as a capex indicator for Japan in the months ahead. This February data will begin to capture the sentiment downturn on the Japanese economy due to the virus outbreak in the country. The economic impact worsened in March, and given Japan has just hit the state of emergency switch that'll worsen still in April.

2350 GMT Japan Balance of Payment Current Account for February

  • BoP Current Account Balance expected Y 3067.2bn, prior Y 612.3bn

  • BoP Current Account Adjusted expected Y 2025.4bn, prior Y 1626.8bn

  • Trade Balance BoP basis expected Y 1215.0bn, prior Y -985.1bn

0100 GMT New Zealand - ANZ preliminary business confidence for April. ANZ have begun providing an early heads up on this data point. The (final) March result was grim, at -63.5.

0110 GMT BOJ JGB purchase operation

  • in the 1-3, 5-10 years left until maturity window

0130 GMT Australia housing finance for February - Australian data will be more impacted from March, the Feb data is stale. Still, it'll give some sort of picture of the state of the economy going into the outbreak crisis.


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