Greetings all, good morning, evening, afternoon & night
As American markets wind down and Asian markets begin to crank up, a look at whats coming up from Australia today.
Its a sort-of holiday. Its a declared public holiday in one state for the Melbourne Cup horse race, but the rest of Australia will be more or less slacking off today too. The ASX is open for trading. FX will be thinned out a little though still active.
Data ...
2230GMT - Australia - weekly consumer sentiment (ANZ Roy Morgan weekly Consumer Sentiment for the week ended November 1, prior was 113.4)
2300GMT - New Zealand - QV House Prices for October, prior +12.6% y/y
0000GMT - New Zealand - ANZ Commodity Price index for October, prior +5.5%
0330GMT - Australia - Reserve Bank of Australia monetary policy and accompanying statement from Governor Stevens due. Its going to be a close one today, I'll have a preview up soon (where I'll say "Its going to be a close one today"), but here's something to be getting on with:
- Nobody knows what the RBA board will do on Tuesday ... the board itself doesn't know
- RBA 'shadow board' says to keep Australian cash rate on hold
0400GMT - Australia - The Melbourne Cup (i.e. the horse race everyone will be talking about today)
