Plenty on the data agenda for the session.
2145 GMT New Zealand Q3 Manufacturing data
2350 GMT Japan GDP, final for Q3
- GDP sa q/q
- GDP annualised sa
- GDP nominal q/q
- GDP deflator (an inflation indication)
- Private consumption
- Business spending
- For the preliminary readings and those for Q2, here is the report: Japan GDP (preliminary) for Q3 0.1% q/q (vs. expected 0.2%)
Also at 2350 GMT Japan Balance of Payment Current Account for October
- BoP Current Account Balance expected Y 1806.8bn, prior Y 1612.9bn
- BoP Current Account Adjusted expected Y 1731.1bn, prior Y 1485.2bn
- Trade Balance BoP basis expected Y 138.8bn, prior Y 1.1bn
And, more at 2350 GMT from Japan, bank lending for November
So, a stack of data due from Japan. Its often the case that the data release do not have too much immediate yen impact and I suspect today will be no different. As a general guide though, data disappointments will tend to yen negative (they’ll be read as keeping the BoJ on their massive easing path and perhaps preparing to add more). With such a load of data the results are likely to be mixed.
0110 GMT BOJ JGB purchase operation
- Bank of Japan Japanese Government Bond purchases in the 10-25, 25+ years left until maturity window