Welcome, Traders!
It is Tuesday 21st / Wednesday 22nd of February, depending on where you are.
Here are some things to expect ahead of the APAC session today.
Sentiment
After purchasing managers' index readings for services and manufacturing came in stronger than expected, a gauge of the dollar rose along with US treasury yields. Following better-than-expected UK PMI data, the pound sterling outperformed, and the yen fell to a two-month low. The New Zealand Reserve Bank is expected to raise borrowing costs by 50 basis points.
7:30 PM ET
Australian Wage Price Index YoY for 4Q
Median Forecast: 3.5% | Prior: 3.1% | Range: 4.0% /3.4%
Australian Wage Price Index QoQ for 4Q
Median Forecast: 1.0% | Prior: 1.0% | Range: 1.3% / 0.9%
8:00 PM ET
New Zealand Cash Rate for February
Median Forecast: 4.75% | Prior: 4.25% | Range: 5.00% / 4.50%
RBNZ Rate Statement
9:00 PM ET
RBNZ Press Conference
Good luck!