Plenty to come on the economic data calendar today, it'll be the PMIs from China that will be the most focus

2245GMT - New Zealand - Terms of trade for Q2, expected -1.5% and prior +4.4%

2330GMT - Australia - Manufacturing PMI for August, prior 56.4

2350GMT - Japan - Q2 Capital spending, expected +5.5%, prior +4.2% (y/y figures)

  • And Capital spending excluding software, expected +5.5%, prior +4.3% (y/y)

Also at 2350GMT - Japan - International securities flows

0000GMT - Australia - Corelogic house price index for August, prior +0.8% m/m

0030GMT - Japan - Nikkei Manufacturing PMI (final) for August, the flash (i.e. preliminary) was 49.6 and the prior month (July) was 49.3

0100GMT - China - official manufacturing PMI for August, expected 49.8, prior 49.9

  • And the non-manufacturing PMI, prior 53.9

0130GMT - Australia - Q2 Capex, headline expected -4%, prior -5.2%

0130GMT - Australia - Retail Sales for July, expected +0.3% and prior +0.1%

0145GMT - China again, this time for the private manufacturing PMI (Caixin) for August, expected 50.1 and prior 50.6

I'll be back with more on the AUD data and what to expect