Economic data and a couple of Bank of Japan items due today
Kicking off at 2350GMT
PPI Services for October
- expected is +0.5% and prior was +0.6%
This will take a back seat, though, to .... BOJ October 30 meeting minutes
- We've been inundated with BOJ meetings in the past 2 months (3 of them!), so it might be a bit tricky to keep track of them all ...
- The October meeting link is here
- it was a one-day meeting and, for me, the biggest signal from it was the 'early' finish time which implies discussion was brief .... which implies there was little consideration given to further expanding monetary stimulus .... and it still ain't on the horizon IMO. Anyway, we'll get more detail today with the minutes
And ... that's not it from the Bank of Japan. At 0100GMT policy board member Sayuri Shirai is speaking at a meeting with business leaders. A press conference will follow at 0430GMT
At 0500GMT (low market impact data)
- Small business confidence for November, prior was 48.7
- Leading index for September (final), preliminary was 101.4, prior was 103.5
- Coincident index for September (final), preliminary was 111.9, prior was 112.2
