Mike had the China PMI data over the weekend, and there are a few items due today, Australia and Japan the focus

2330GMT Australia AiG Manufacturing PMI for April, prior 58.1

0000GMT - Australia CoreLogic RP house prices for April, prior +0.2% m/m

0100GMT - Australia - Melbourne Institute April inflation data. We got the official inflation data last week, which came in low and ignited a flurry of calls for an RBA rate cut (meeting is May 3). Today's data is a private measure, we get it monthly (unlike the official data only once a quarter. (Prior month was flat at 0.0% m/m and +1.7% y/y (trimmed mean was 0% m/m and 1.6% y/y)

0130GMT - National Australia Bank Business Confidence & business conditions for April

  • prior 6 and 12 respectively

The NAB Confidence and Conditions indexes have been performing well. March results are here (Conditions to their highest in 8 years), and the Q1 data (a more detailed survey) is here

0200GMT - Japan - Nikkei Manufacturing PMI (final) for April, preliminary was 48.0, prior 49.1