Reserve Bank of Australia due at 0430 GMT - no change in policy is expected

2200 GMT NZIER Quarterly Survey of Business Opinion (QSBO)

  • A closely watched NZ economic indicator from the New Zealand Institute of Economic Research

  • quarterly report

  • prior -70 (an epic drop)

  • the result of this survey will be complicated by the staged reopening of the NZ economy over May and June after April's shut down.

2230 GMT Australia - AiG Services PMI for June

  • Australia Australian Industry Group Performance of Services Index

  • prior 31.6

2330 GMT Australia weekly consumer confidence

  • ANZ/Roy Morgan survey

  • prior 93.0

2330 GMT Japan wages data for May

  • Labor cash earnings expected -1.0% y/y, prior -0.7%

  • Real cash earnings expected -0.8% y/y, prior -0.8%

0430 GMT Reserve Bank of Australia monetary policy decision and statement from Governor Lowe

  • I'll have more to come on this separately but as a spoiler no change in policy is expected

  • the cash rate and the bond yield target for 3-year Commonwealth Bonds will both be unchanged at 0.25%

Reserve Bank of Australia due at 0430 GMT - no change in policy is expected