Lot of economic dockets scheduled for today, with high risk associated.
Data released so far -
- Australia - Investment lending for homes grew 6.4% in March, with home loans rising at 1.6%.
- New Zealand - REINZ house price index rose 1.1% in April, much lower than prior 6.7%.
Upcoming -
- UK - Industrial and manufacturing production data to be released at 8:30 GMT, followed by NISER GDP estimate at 14:00 GMT.
- Australia - Australia would announce budgetary estimates and details around 9:30 GMT.
- India - Manufacturing and Industrial output scheduled at 12:00 GMT.
- US - Lot of economic dockets from US, however risk associated is low. Redbook index to be released at 7:55 GMT, followed by business optimism index at 13:00 GMT and JOLTS jobs opening at 14:00 GMT. US will release monthly budgetary estimate around 18:00 GMT. FOMC member William is scheduled to give speech today.
- New Zealand - RBNZ will release financial stability report around 21:00 GMT, followed by speech from Governor Wheeler. Vital for Kiwi, as traders would try to assess the tone of RBNZ from Governor's speech.
- Japan - Trade balance details to be released at 23:50 GMT along with bank lending details.
- Auction - US will auction 3 month bills at 15:30 GMT and 3 year note at 17:00 GMT.
