It’s the first of a new month and we’ll be getting manufacturing PMI data from all over the place, along with other data
New Zealand kicks it off at – Net Migration for December. Population growth has been a factor in house price growth in NZ, which has been a concern of the RBNZ. The announcement is unlikely to be too much of a market mover, though. The outlook for the RBNZ, China developments, and now the cut in rates from the BOJ on Friday are all of more importance.