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A busier regional docket today, with the.......>

ASIA
ASIA: A busier regional docket today, with the latest BoJ MonPol decision due.
For our in depth preview of the event (which includes the following: PINCH
(Probability of Interest Rate Change), Central Bank Data Watch, MNI POV (Point
of View), sell-side analyst views, MNI Policy Team Insights) use the following
link: https://tinyurl.com/yyoovpm6
- The Australian labour market report also provides a key point of interest
given the RBA's focus on labour market dynamics & after last month's stellar
headline jobs growth. Consensus looks for a headline employment rise of 15.0K
vs. 41.1K last month, with the unemployment rate seen steady at 5.2%.
- NZ Q2 GDP data is also due. Consensus is for +0.4% Q/Q & +2.0% Y/Y vs. +0.6%
Q/Q & +2.5% Y/Y in Q1. The most recent RBNZ MPS projected GDP growth 0.5% Q/Q &
2.0% Y/Y for Q2. The RBNZ will issue its next MonPol decision on Weds Sep 25.
- Elsewhere, the central bank of Taiwan is expected to leave its key rate
unchanged at 1.375%, while consensus looks for Bank Indonesia to cut its 7-Day
reverse repo rate by 25bp to 5.25%.
- Regional digestion of the latest FOMC MonPol decision will also be eyed.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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