A calendar with a bit of bite today!
2145GMT – New Zealand – Q4 2016 GDP results
– expected +0.7% q/q, prior +1.1%
– expected 3.2% y/y, prior 3.5%
– As you can see, expectations for the final quarter of 2016 are lower than the bumper +1.1% q/q in the 3rd quarter. Construction, personal services should all show solid results, while a level (or even small declines) expected for manufacturing, primary production)
2350GMT – Japan – International securities flows data (purchases and sales of stocks and bonds from and into Japan)