A lacklustre calendar apart from the Reserve Bank of Australia minutes (for the March meeting)
2145GMT - NZ migration figures for February
2230GMT - Australia - ANZ / Roy Morgan Weekly Consumer Confidence (for the week ended March 19)
- prior continued the slide to 113.1, only just above its long-run average
- And, perhaps a manifestation of the slowing confidence: Spending across the Australian economy slowed sharply last month
0030GMT - Australia - House Price Index for Q4
- expected +2.5%, prior +1.5% q/q
- expected +6.3%, prior +3.5% y/y
0030GMT - Australia - Reserve Bank of Australia March meeting minutes
- The March announcement is here: No change in cash rate, left at 1.5%, as unanimously expected
- And my take on it is here: Are the RBA too scared to do anything? Like a roo stuck in the headlights?
- I expect more of the same from the minutes
0200GMT - New Zealand - Credit card spending for February
- priors +0.2% m/m & +7.1% y/y
