“Activity data” from China for April coming up during the Asian timezone.
2230 GMT New Zealand services PMI for April
- prior 52.4
- BusinessNZ Performance of
Services Index (PSI), prior
- unlikely to have too much
immediate impact on NZD
2245 GMT New Zealand migration numbers for March
2301 GMT UK data – Rightmove
house prices for May
prior +2.1% m/m
2350 GMT Japan PPI for April
expected 0.5%, prior 0.8% m/m
expected 3.1%, prior 1.0% y/y
Producer Price Index is
inflation at a business-to-business level (in a nutshell). It is
also known as the Corporate Goods Price Index, which is probably a
better indication as to what it is.
In the release is also an indication of consumer prices. The ‘domestic final goods prices’
index, which loosely correlates with CPI.
0130 GMT China new house prices for April
0200 GMT China activity data
Production YTD y/y
Assets (excluding rural) YTD y/y
Sales YTD y/y
Kick-ass numbers from China’s economy expected to continue.