There are three data point releases due out from Australia today. We are all awaiting the Capex figures and building approvals on Thursday, these are the big data points for this week, but until then we’ll have a bit of a look at:

At 0000GMT Q1 CBA/HIA Housing Affordability

  • Prior was 68.9

At 0030GMT its the March Westpac/Melbourne Institute Leading Index (the most important data release for today):

  • Prior was +0.6%

At 0130GMT Its Q1 Construction Work Completed

  • Prior was -0.1%
  • Expected is +1.0%

*Note: At 0100GMT we may get April HIA New Home Sales released (prior was +4.2% m/m) – this is a tentative time/date.