First off, there are market closures in Asia today for holidays.
Mainland China is closed Hong Kong is closedSouth Korea is closed
Bank of England Monetary Policy Committee member Greene is up soon. Greene spoke last week:
BOE’s Greene: Appropriate to take a gradual approach to removing policy restrictiveness
The data agenda that follows is packed.
New Zealand kicks it off with building permits and the Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER). The QSBO is a closely-watched survey:
is one of the country’s longest-running business surveys. It provides a insights into the business climate and economic conditions in New Zealand, and the factors influencing business sentiment, such as domestic and international economic conditions, government policies, and other external events.surveys businesses across various sectorsgathers data on business confidence, demand, hiring intentions, investment plans, and other economic indicatorsQSBO findings can vary significantly from one quarter to another
NZD/USD may find some support if this survey improves but overall is more subject to global US dollar moves at present.
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.
