Another busy economic data agenda coming up

2230 GMT NZ manufacturing PMI for July

  • from BusinessNZ
  • prior 52.8

2245 GMT Card Spending from NZ for July

  • Card Spending Retail expected 0.5% m/m, prior 0.8%
  • Card Spending Total prior 0.4%

2350 GMT Japan PPI for July

  • expected 2.9% y/y, prior 2.8%
  • expected 0.2% m/m, prior 0.2%

of more focus from Japan at 2350 GMT is the GDP data for Q2

This is the preliminary reading (I posted on this yesterday: Japan Q2 GDP data is due Friday - preview)

  • GDP (seasonally adjusted) for Q2, preliminary, q/q: expected 0.3%, prior -0.2%
  • GDP Annualized (seasonally adjusted) for Q2, preliminary y/y: expected 1.4%, prior -0.6%
  • GDP Nominal (seasonally adjusted) for Q2, preliminary q/q: expected 0.2%, prior -0.4%
  • GDP Deflator y/y for Q2, preliminary: expected 0.0%, prior 0.5% (deflator is an inflation measure)
  • GDP Consumer Spending y/y for Q2, preliminary q/q, expected is 0.2%, prior was -0.1%
  • GDP Business Spending y/y for Q2, preliminary q/q: expected 0.6%, prior was 0.3%

0110 GMT Bank of Japan scheduled Japanese Government Bond purchasing operation

  • 1 - 3 years, 3 - 5 years, 10 - 25 years, 25+ years remaining until maturity

0130 GMT Reserve Bank of Australia Statement on Monetary Policy

  • I'll have more to come on this separately

Later, 0430 GMT Japan Tertiary Industry Index