On the data docket ahead for Friday 18 February 2022:

2145 GMT NZ PPI for Q4 2021, PPI input and output.

input prices

  • expected 1.6% q/q, prior 1.6%

output prices

  • expected 2.3% q/q, prior 1.8%

2200 GMT - Federal Reserve Bank of Cleveland President Loretta Mester

  • speaks on the economic outlook and monetary before virtual event of the Volatility and Risk Institute and the Center for the Global Economy and Business, NYU Stern School of Business

2330 GMT Japan CPI data for

  • National CPI % y/y, expected 0.6%, prior was 0.8%

  • National CPI excluding Fresh Food % y/y, expected 0.3%, prior was 0.5%

  • National CPI excluding Food, Energy % y/y, expected -0.7%, prior was -0.7% (energy prices soaring)

  • Reminder, the Bank of Japan target for core inflation is 2%