from maybe something out of NZ at 2100GMT there is nothing else on
the economic data calendar to move the forex too much today folks.
Stay on alert for tape bombs of course.
GMT New Zealand Finance Minister Grant Robertson gives a pre-budget
speech. A couple of days ago Robertson aid it was time to get happy
on the NZ economy. Maybe he has some fiscal goodies in store?
GMT sees the publication of CBA / Markit preliminary Australian PMIs
for May. These flash estimates give an early reading on how the
economic developments are coming along this month.
- Manufacturing prior 50.9
- Services prior 50.1
- Composite prior 50.0
2350 GMT from Japan – international securities flows for the week.
0030 GMT again from Japan – the Nikkei / Markit preliminary
Manufacturing PMI for May
- prior 50.2