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prior NZD -2144m
exports prior NZD 4.35bn
imports prior NZD 6.49bn
2301GMT UK data – BRC Shop
Price Index y/y for September
0100 GMT New Zealand ANZ
business survey for October
Business confidence for October, preliminary: -8.6 (prior -7.2)
Activity Outlook preliminary 26.2 (prior 18.2)
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0030 GMT Australian Q3 inflation data
Core inflation: Trimmed mean
expected 0.5% q/q, prior 0.5%
expected 1.8% y/y, prior 1.8%
The RBA target band for core inflation is sustainably in a 2 to 3% band. You can see its (trimmed mean) is not within that band at present and tomorrow’s data is not expected there either.
The weighted median is another measure of core inflation.
expected 0.5% q/q, prior 0.5%
expected 1.9% y/y, prior was 1.7%
0130 GMT China Industrial
Profits for September