Its an active calendar ahead.
- New Zealand Q3 jobs report. This is the main scheduled piece of data ahead of the 23 November Reserve Bank of New Zealand (RBNZ) meeting. Attention will be paid to how tight the labour market is (remains!) and wage growth indicators. Watch for a slowdown in wage growth – if this is evident its likely to see expectations of the magnitude of the RBNZ rate hike on 23 Nov. dialled back and thus sap NZD/USD strength. (NZD )
- Canada’s central bank Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers are speaking. The pair are appearing before the Canadian Parliament’s Standing Senate Committee on Banking, Commerce and the Economy. They’s be fielding questions from the senators on Canada’s economy and the Bank’s policy.
- The Bank of Japan Minutes are from the Monetary Policy Meeting held on September 21, 22. Very stale indeed. The ‘summary’ precedes the minutes by many, many weeks: BOJ September. meeting summary: Core inflation likely to increase more slowly in 2023
snapshot from the ForexLive economic data calendar, access
times in the left-most column are GMT.
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
noted data for New Zealand and Australia with text as the similarity
of the little flags can sometimes be confusing.