Here is what’s on the economic calendar in Asia today - more from the RBNZ

Author: Eamonn Sheridan | Category: News

2300 GMT Australia CBA / Markit preliminary PMIs for August

  • Manufacturing prior 54.0

  • Services prior 58.2

  • Composite prior 57.8

2301 GMT UK - GfK Consumer Confidence for August

  • expected 25, prior -27

2330 GMT Japan CPI data for July

  • National CPI y/y, expected 0.3%, prior was 0.1%
  • National CPI y/y excluding Fresh Food, expected 0.1%, prior was 0.0%
  • National CPI excluding Food, Energy y/y, expected 0.5%, prior was 0.4%
  • The inflation data for Tokyo for July came in higher than expected. Well short of the BOJ 2% target still.

0000 GMT Reserve Bank of New Zealand's Yuong Ha, Chief Economist and Head of Economics, speaking.

  • The RBNZ have been strongly indicating much more policy accommodation to come and market expectations are of a negative cash rate in 2021. Ha is unlikely to vary the script on this.

2300 GMT Australia CBA /Markit preliminary PMIs for August

0030 GMT Japan Jibun Bank / Markit preliminary PMIs for August

  • Manufacturing prior 45.2

  • Services prior 45.4

  • Composite prior 44.9

0110 GMT BOJ JGB purchase operation

  • in the 1-3, 5-10, 25+ years left until maturity window

0130 GMT Australia preliminary retail sales data for July

0300 GMT New Zealand credit card spending for July

  • prior +14.0% m/m and -9.2% y/y

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