Economic data due from Asia today (& RBA meeting minutes)

Author: Eamonn Sheridan | Category: News

Plenty on the agenda from Asia today - with central bank action all over the place.

2300GMT kicks it all off with Charles Evans, head of the Chicago Federal Reserve speaking in NY on current economic conditions and monetary policy

2330GMT - Australia - weekly consumer confidence, prior was sideways for the week on 112.9

0100GMT - more consumer confidence, this time from New Zealand
ANZ's monthly NZ index for June
  • prior +1.8% m/m
0100GMT - China - People's Bank of China Governor Zhou Xiaochuan is speaking
At an annual gathering for the Bank along with the 3 major China financial regulators.
Unlike other central bankers around the world we don't hear a speech from Zhou every time he changes undies, so this will be well worth paying attention today.
The themes he will likely hit on include growth, deleveraging efforts, perhaps on the mid-year liquidity issues, yuan stability ... amongst more.

0130GMT - Australia - Reserve Bank of Australia June meeting minutes. The June meeting was an 'on hold' decision and the Statement indicated the bank was looking through the recent softer data to better to come. Since then we've had slow Q1 GDP data released (January to March confirmed as a slower period than the quarter immediately prior) and last week a strong employment report.

Also due at 0130GMT from Australia - Q2 house price index