The economic calendar in Asia is a bit of a letdown after the Federal Open Market Committee (FOMC) event on Wednesday.
Retail sales data from Australia, for June, is due at 0130 GMT. These have been holding up strongly despite slumping consumer sentiment. Some moderation is expected in June from May. The Reserve Bank of Australia meet next week, August 2 (statement due at 0430 GMT that day), and the data today from Australia are unlikely to sway them from the expected +50bp rate hike.
- This snapshot from the ForexLive economic data calendar, access it here .
- The times in the left-most column are GMT.
- The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where is a number, is the consensus median expected.
I’ve noted data for New Zealand and Australia with text as the little flags can sometimes be confusing
