China is shut to kick off the Spring Festival / Lunar New Year long holiday (through to January 30 inclusive).

HK and Singapore remain open today.

December quarter CPI report from New Zealand to kick it off, due at GMT 2145

  • expected 0.4% q/q, prior 0.7%

  • expected 1.8% y/y, prior 01.5%

2200 GMT Australia CBA / Markit preliminary PMIs for January

  • Manufacturing prior 49.2
  • Services prior 49.8
  • Composite prior 49.6
  • Contraction for all of these - not promising.

2330 GMT Japan inflation data for December

  • National CPI y/y, expected 0.7%, prior was 0.5%
  • National CPI y/y excluding Fresh Food, expected 0.7%, prior was 0.5%
  • National CPI excluding Food, Energy y/y, expected 0.9%, prior was 0.8%

2350 GMT BOJ minutes - of the XXX Bank of Japan monetary policy meeting

0030 GMT Japan Jibun Bank / Markit preliminary PMIs for January

  • Manufacturing prior 48.4
  • Services prior 49.4
  • Composite prior 48.6
  • Ditto on the contraction for all of these

0200 GMT New Zealand credit card spending for

  • prior +1.6% m/m and +4.5% y/y