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(M2) Correction Extends

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Late Session Rebound

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(M2) Corrective Cycle Remains In Play

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(M2) Gains Still Considered Corrective

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Australia/New Zealand Economic Data Calendar 

Date    AU                                                    Prior  Est.
-------------------------------------------------------------------------------
29-May 0930 **  27-May AU ANZ-RM Consumer Confidence             --    --   %
30-May 0700 *** Half-Y NZ RBNZ Financial Stability Rpt           --    --
31-May 1100 *** May    NZ ANZ business confidence             -23.4    --
31-May 1100 *** May    NZ ANZ activity outlook                +17.8    --
31-May 1130 *** Q1     AU Private new capex q/q                -0.2    --   %
31-May 1130 *** Q1     AU Estimate 6 2017-18 capex            114.6    -- b AUD
31-May 1130 *** Q1     AU Estimate 2 2018-19 capex             84.0    -- b AUD
31-May 1130 **  Apr    AU RBA pvt sector credit m/m              --    --   %
01-Jun 0830 **  Apr    AU AI Group manufacturing index         58.3    --
01-Jun 1000 **  May    AU CoreLogic home value index m/m       -0.1    --   %
04-Jun 1130 *** Q1     AU Company operating profits q/q        +2.2    --   %
04-Jun 1130 *** Q1     AU Inventories q/q                      +0.2    --   %
04-Jun 1130 *** Apr    AU Retail trade m/m                       --    --   %
04-Jun 1130 **  May    AU ANZ  job ads m/m                     -0.2    --   %
05-Jun 0830 **  May    AU AI Group services index              55.2    --
05-Jun 0930 **  03-Jun AU ANZ-RM Consumer Confidence             --    --   %
05-Jun 1130 *** Q1     AU Balance of payments                 -14.0    -- b AUD
05-Jun 1130 *** Q1     AU Net export contribution to GDP       -0.5    --   bps
05-Jun 1430 *** Jun    AU RBA cash rate decision                1.5   1.5   %
06-Jun 1130 *** Q1     AU GDP q/q                              +0.4    --   %
06-Jun 1130 *** Q1     AU GDP y/y                              +2.4    --   %
07-Jun 0830 **  May    AU AI Grp/HIA construction index        55.4    --
07-Jun 1130 *** Apr    AU Trade balance                       +1527    -- m AUD
12-Jun 0930 **  10-Jun AU ANZ-RM Consumer Confidence             --    --   %
12-Jun 1130 *** Apr    AU Housing finance m/m                    --    --   %
12-Jun 1130 **  May    AU NAB business confidence                --    --
12-Jun 1130 **  May    AU NAB business conditions                --    --
13-Jun 1030 **  Jun    AU Westpac-MI consumer sentiment          --    --
19-Jun 0930 **  17-Jun AU ANZ-RM Consumer Confidence             --    --   %
19-Jun 1130 *** Jun    AU RBA board meeting minutes              --    --
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE]
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