On the data agenda ahead for the day, a light one:

0000 GMT inflation data from Australia, the private survey not official CPI

Melbourne Institute monthly inflation gauge for December 2021

  • prior 0.3% m/m
  • prior 3.1% y/y

0030 GMT Australian building permits for November 2021

  • expected 3% m/m, prior -12.9% (Private sector houses rose 4.3%, while private sector dwellings excluding houses fell 37.5%)
  • prior -8.1% y/y