November 29, 2022

Forex Solution

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Here is what’s on the economic calendar in Asia today

1 min read

None of this lot is likely to move FX much upon release. 

2245GMT NZ PPI for Q1 2021 – 

  • PPI
    input and output, priors 0% and 0.4% respectively

0030 GMT Australia – Westpac
Consumer Confidence Index for May

0130 GMT Australia Wage Price
Index for

  • expected 0.5% q/q, prior 0.6%

  • expected 1.4% y/y, prior 1.4%

  • Wages
    a key concern for the RBA, they’d like to see them higher, reasoning that higher wages would help to drive inflation higher towards the RBA target (which is 2 to 3% for core CPI)

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