Economic calendar due from Asia today – RBA Gov Low speaking, and a separate RBA Statement

Plenty to come from the Reserve Bank of Australia 

2230 GMT Australia – AiG
Services PMI for July

2300 GMT  – Reserve Bank of Australia Governor Lowe

  • speaking in front of the House of Representatives Standing Committee on Economics
  • will be doing so online with Sydney in lockdown
2330 GMT Japan wages data for June Labor cash earnings expected

  • 1.7% y/y, prior 1.9%

2330GMT Japan Household spending for June

  • expected 0.1% y/y, prior 11.6%

2350 GMT Japan FX reserves, July

0130 GMT RBA Statement on
Monetary Policy(SoMP)

  • We
    get this 4 times a year
  • will contain revisions to the Bank’s forecasts. 
  • I’ll have more to come on this separately 

At some stage during the session (the time is not fixed) we should get trade data from China for July.  

Invest in yourself. See our forex education hub.

News

Articles You May Like

Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
USDJPY moves lower to test the August low and finds support buyers.
Gold Price Today: Yellow metal starts the month flat, silver down by Rs 1,000/kg
Why Broadcom stock is tumbling after an earnings beat — and how to play the dip
Swiss data in focus in the session ahead

Leave a Reply

Your email address will not be published. Required fields are marked *