Here is what’s on the economic calendar in Asia today - Aussie jobs report

Author: Eamonn Sheridan | Category: News

Coming up on the data time line from Asia today

2100 GMT New Zealand REINZ house sales and prices

2245 GMT New Zealand Food Price Index for August

  • curiously, often gives the FX a bit of a wobble
  • prior +0.7% m/m

2350 GMT Japan PPI for August

  • prices at wholesale, business level, not CPI but at some stage change here should feed into changes in consumer prices ... timing and scale unknown!
  • expected 3.1% y/y, prior 3.1%
  • expected 0.1% m/m, prior 0.5%

2350 GMT from Japan also, Core Machinery orders for July

  • a heads up to capex 6 to 9 months out. You'll recall the strong capex in the Q2 GDP report
  • expected 4.3% y/y, prior 0.3%
  • expected 5.5% m/m, prior -8.8%

0100 GMT Australia consumer inflation expectations for September, prior 4.0%

  • official CPI measures are around half this

0130 GMT Australia and today's focus, the August Employment Report

I'll have more to come on this separately, but here is a preview (an outlier!) I posted yesterday

  • Employment Change: +18.0K expected, prior -3.9K
  • Unemployment Rate: 5.3% expected, prior 5.3%
  • Full Time Employment Change: prior was +19.3K
  • Part Time Employment Change: prior was -23.2K
  • Participation Rate: 65.6% expected, prior was 65.5%



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