China data today! But we'll have to wait a bit, here's what's up in order:

2230GMT New Zealand- Services PMI for April, prior 59.0

2245GMT - New Zealand again - Retail Sales excl. inflation for Q1

  • expected 0.9%, prior 0.6%

2350GMT - Japan - PPI for April

  • expected -0.1% m/m, prior 0.5%
  • expected 1.8/% y/y, prior 1.4%

Inflation at this level is a little more heartening for the BoJ, but they'd like some action on the CPI too

0130GMT - Australia - Housing finance for March

  • Home loans expected flat at 0.0% m/m, prior -0.5%
  • Investment lending prior -5.9%
  • And loans for owner occupiers, prior -0.5%

I'll be back with more on this ahead

0200GMT - China data!

  • April Industrial Production y/y expected is 7.0%, prior was 7.6%
  • industrial production YTD y/y expected is 6.9%, prior was 6.8%
  • Fixed Assets (excluding rural) YTD y/y, expected is 9.1%, prior was 9.2%
  • Retail Sales y/y, expected is 10.8%, prior was 10.9%
  • Retail Sales YTD y/y, expected is 10.2%, prior was 10.0%

I'll be back with more on the China data ahead

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And, early indications, updated:

  • EUR/USD 1.0928
  • USD/JPY 113.22
  • GBP/USD 1.2878
  • USD/CHF 1.0009
  • USD/CAD 1.3700
  • AUD/USD 0.7394
  • NZD/USD 0.6854