The data at 2245 is from New Zealand, GDP for Q1 of 2022.
Japan's May trade balance follows at 2350 GMT.
While the data focus of the session is on the Australian Labour market report Chinese house price data due at that same time is also notable. The property sector in China is a key driver of economic growth, its been hit hard by the debt crisis among developers.
While the Australian jobs report is interesting, the implications for the RBA are less than usual. Jobs is not currently the focus, inflation is. The RBA is set on a rate hike path:
- Westpac's forecast for the RBA rate hike cycle ... go early, go hard
- Goldman Sachs RBA outlook (more): 75bp rate increases in coming months can't be ruled-out
