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Here is what’s on the economic calendar in Asia today – RBA statement day!

A packed data agenda ahead for the session, Tuesday 5 October 2021 

2100 GMT NZIER Quarterly
Survey of Business Opinion (QSBO) for Q3 2021

  • A
    closely watched NZ economic indicator from the New Zealand Institute
    of Economic Research
  • ‘Business confidence’ the headline from this, prior was7%

2130
GMT Australia AiG Construction PMI for September 

2200
GMT Australia – Markit Services and Composite PMI for September (final)

2330 GMT Tokyo inflation data
for September – Tokyo area CPI (national level CPI for the month follows
in three weeks)

  • Tokyo CPI % y/y, expected -0.4%,
    prior was -0.4%

  • Tokyo CPI excluding Fresh
    Food % y/y, expected 0.2%, prior was 0.0%

  • Tokyo CPI excluding Food,
    Energy % y/y, expected -0.1%, prior was -0.1% 

0000
GMT New Zealand – ANZ Commodity Price index for September 

  • prior -1.6% m/m

  • ANZ’s indicator of price
    trends for New Zealand’s 17 main commodity exports

  • expectations are for another decline in this indicator in September, circa -0.8% m/m

0030 GMT Japan – Jibun
Bank/Markit Services and Composite PMI (final) for September 

0030
GMT Australia ANZ job advertisements survey for September 

0030
GMT Australia trade balance for August

  • expected surplus of 10,650m AUD

  • prior surplus was 12,117m AUD

  • exports prior 3%

  • import prior 5%

0030 GMT Australia – National Australia Bank business survey for September. Hmmm, some calendars are showing this. I am not sure (its a bit early in the new month for this survey to be released). Let me come back on this one. The survey results for the August month are here (i.e. the priors) 

0330 GMT Reserve Bank of Australia monetary policy statement for October 2021. Long story short on this is no change to policy is expected. Previews here. 

And, ICYMI, China is on holidays today and will be through Thursday 7 October. Markets in China reopen on Friday October 8. 

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