(And as a bonus, Mr. Kuroda too!)
OK, here is what the calendar looks like today
2330GMT - Australia - ANZ Roy Morgan Weekly Consumer Confidence Index
- Which really should be renamed the lack of confidence index if recent results are anything to go by
- Last week it improved to 112.3, but still below its ling-run average
- It is not a data point that will have much immediate impact on the fx
0130GMT - Australia - New motor vehicle sales .... ditto on the not of much immediate impact
Also at 0130GMT though are the minutes of the Reserve Bank of Australia May meeting
- The meeting itself was a 'no change' affair (link is here for more)
- And it was followed a few days later by the quarterly Statement on Monetary Policy
On the Statement, my comments from the time (but check out the link for more detail):
There is nothing to surprise in the Statement (if you've been paying attention). The main points are familiar .... the bank is concerned specifically about:
- Slow jobs growth
- Slow wages growth
- High household debt
- The impact of these on spending (i.e. not in a good way :-D )
- Slow recovery in non-mining sectors of the economy
Later, 0430GMT from Japan - Tertiary Industry index for March
Then at 0455GMT - Bank of Japan Governor Kuroda speaks