On the calendar today, the bolded will be the focus points, and there are plenty today.

(We just had New Zealand data, REINZ House Sales for January, down 14.7% y/y (prior down 10.7%)

2145GMT - New Zealand - Food Prices for January, prior -0.8% m/m

2230GMT - Australia - ANZ Weekly consumer confidence, prior 117.5

0030GMT - National Australia Bank Business Survey for January

  • For the previous month, Business conditions surged to 11 for the month (from November's 6)
  • Business Confidence in December came in at 6
  • NAB expressed wariness on the 'conditions' surge, saying the huge jump may not be sustained

0130GMT - China inflation for January

  • CPI y/y expected 2.4%, prior 2.1%
  • PPI expected 6.6% y/y, prior 5.5%
  • While January is expected to show a jump to high levels from December, analysts are expecting price rises to cool off in coming months. We'll have to wait to see for those though. Meanwhile, solid price rises expected in the data today, higher food prices in January expected to be reflected in the CPI.

0430GMT - Bank of Japan - Governor Kuroda speaking

0430GMT - Japan - Industrial Production for December, final

The flash/preliminary for this indicator:

0.5% m/m

  • expected 0.3%, prior was 1.5%

3.0% y/y

  • expected 3.0%, prior was 4.6%