Australia GDP is the only release left in the Asian-Pacific session

3Q GDP to be released at 0030 GMT

The Australian GDP for the 3Q will be released at 7:30 ET/0030 GMT and is the only economic release scheduled in the Asian Pacific session.

The expectation is for the SA QoQ gain for the 3Q to come in at 0.7% vs 0.8% for the 2nd quarter. The 1Q gain was 0.3%.

The YoY reading is expected to rise to 3% vs 1.8% in the 2Q. A year ago the 3Q GDP came in at -0.4%. Replacing that with a solid 0.7% gain accounts for the big increase.