Ahead of the Rugby World Cup final on the weekend we get economic data today from the two contenders

2145GMT - NZ All Blacks - September Building Consents (Permits) m/m, prior was -4.9%

  • This is a volatile data set, but can be a market mover.

0000GMT - NZ All Blacks - ANZ Business confidence and Activity Outlook for October

  • Confidence, prior was -18.9
  • Activity Outlook, prior was 16.7
  • Another volatile data point, Especially the confidence which has been weak in recent months, though I expect a bounce back somewhat today as dairy prices have edged higher.

0030GMT - Oz Wallabies - Private Sector Credit for September

  • m/m, expected is 0.5%, prior was 0.6%
  • y/y, expected is 6.3%, prior was 6.3%

Also at 0030GMT from Oz - Q3 PPI, prior was +0.3% q/q and +1.1% y/y

  • The data from Australia is not usually much of an immediate FX market mover

0200GMT - NZ - September M3 Money Supply, prior +9.0% y/y