Australia and China will be focal points today, with the only data points of much significance:

  • 2301GMT UK BRC Shop price index for August, prior was -0.5%
  • 2330GMT Australia AIG Services index for August, prior was 39.4 (AIG manufacturing index for August showed a bounce back after July)

0130GMT Australia Q2 GDP is the big focus today

  • For the q/q change, expected is +0.5%, prior was +0.6%
  • For the y/y, expected is +2.4%, prior was 2.5%

I’ll have a closer look at the Australia GDP release in a preview as we approach the 11.30am local release time

0145GMT China HSBC/Markit Services PMI for August, prior was 51.3 (the official services PMI was released yesterday)