Via Bank of New Zealand, just a couple of snippets I thought I'd pass on:

On NZ:

  • ANZ business outlook survey is likely to continue to show sub-par levels of confidence and activity expectations.
  • But next month's survey will be much more important as it will capture the government's decision to abandon a capital gains tax policy and confidence could well show a notable rebound in May.

(ps. I posted on this earlier, here: NZD traders heads up for the business confidence data due today)

China

  • PMI data … Another positive read would add to the "green shoots" of recovery story and support commodity currencies.