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.

Articles You May Like

Fed decisions to set short-term direction for gold prices
“Demystifying Breaker Blocks in Forex Trading: Understanding Limits and Opportunities”
Gold rebounds as US dollar, yields slip with eyes on Fed guidance
Yen Maintain Gains But Faces Momentum Hurdle, Dollar Indifferent to Weak Durable Goods
Inflation remains sticky in Europe, with core prices cooling less than expected

Leave a Reply

Your email address will not be published.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