Kicking off at 2330GMT ...

ANZ Roy Morgan weekly Consumer Sentiment

  • For the week ended May 10, prior was 108.7

0130GMT brings the main event today ... Australian housing finance data for March

  • Home loans m/m, expected is +1.0%, prior was +1.2%
  • Investment lending m/m, prior was -3.4%
  • Owner-occupied loan value m/m, prior was +0.5%

A surprise to the topside for this data should be AUD supportive

Also at 0130GMT, March credit card purchase (prior $A22.1bn) and balances (prior $A51.1bn)

Later in the evening (local time) we get the Budget. The government is expected to open the wallet a bit, which should be AUD supportive.