LOOK AHEAD: A relatively busy day ahead for the Asia-Pacific session today, with the Bank of Japan due to start its 2-day policy meeting later. Australian data releases are first off the line with the September Westpac-MI Leading Index due at 10.30 Sydney (23.30 GMT). The index has been signalling above-trend growth pace but Westpac doesnt agree the economy is poised to grow to trend any time soon. Then over to Japan, with October trade data then due at 08.50 Tokyo (23.50 GMT). The October deficit is forecast to be Y810.0 billion, down from Y934.3 billion in September but up from Y556.2 billion in October 2012. MNIs China China Business Sentiment Indicator for November follows at 09.45 Beijing (01.45 GMT). The October headline rose to 55.3 from 51.8 in September, the first monthly increase in two months. Afternoon releases are limited, with Japans weekly gasoline prices data and October real trade index due at 14.00 Tokyo (05.00 GMT). In terms of key speakers, RBA Assistant Governor Guy Debelle is a panel discussant at a financial markets forum in Sydney at 11.30 (00.30 GMT) and will take questions from the audience later.
Posted on: Tue, 19 Nov 2013 20:38:32 +0000
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