Previews of the Reserve Bank of Australia announcement decision can be found from here
The RBA announcement is due at 0430GMT
Before that though ... plenty of data to kick off September.
2330GMT: ANZ Roy Morgan weekly Consumer Sentiment,
- prior was 113.0
Also due at 2330GMT: AIG Performance of Manufacturing index for August,
- prior was a surprise, big jump (+6.2%) into expansion at 50.4
0000GMT: Core Logic/RPData house price index for August,
- prior was +2.8%
(0100GMT: Note ... not Australia ... but Chinese official PMIs are due ... these will have an AUD impact .... more to come on a separate post)
0130GMT:
BoP Current Account balance for Q2, - this is a focus
- expected is -16.8bn, prior was -10.7bn
Also, as part of this data release, the 'net exports as a % of GDP' for Q2,
- expected is -0.3% and prior was +0.5%
Also at 0130GMT:
Building approvals for July ... also a key focus (the RBA has been keenly watching the construction sector as a driver of growth after the shift away from the mining infrastructure boom)
- For the m/m, expected is 3.0%, prior was -8.2%
- For the y/y, expected is 10.1%, prior was 8.6%
(0135GMT: Hey, lets have another note! ...not Australia ... but Chinese private PMIs are due ... and guess what? .... these will have an AUD impact .... more to come on a separate post)
0430GMT ... but you know this already, right? RBA cash rate announcement and accompanying statement
