Here is what’s on the economic calendar in Asia today – a light data agenda

2145 GMT New Zealand Food
Price (inflation) for February 

  • prior +1.3% m/m

2350 GMT Japan PPI for February 

  • expected 0.5%, prior 0.4% m/m

  • expected -0.7%, prior -1.6% 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. 

2350 GMT Japan international
securities flows for the week

0000 GMT Australia survey of
consumer inflation expectations, for March

  • prior 3.7% 

0001 GMT UK data – RICS
monthly house price balance for February 

None of the above is likely to move forex all that much upon release, eyes on USTs once again and China stocks. 

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