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Australian private inflation survey -0.3% m/m (prior +0.9) & 2.8% y/y (prior 2.9%)
Australian Q2 business inventories +0.1% q/q (expected +0.2%)
Australian July Building permits -8.2% m/m (expected -4.8%, prior +11.9%)
China S&P Global Manufacturing PMI (August) 50.5 (expected 49.5, prior 49.5)
Asian markets will open soon to the big news that a US court ruled Trump’s tariffs illegal
Japan August Manufacturing PMI: 49.7 (prior 49.9)
Japan data – Capex for Q2 +7.6% y/y (expected +6.2%)
A car crashed into the Russian consulate in Sydney this morning, local time.
US futures are open for trade – but not for long! (US holiday Monday)
New Zealand data – Building permits (July 2025) +5.4% m/m (prior -6.0%)
ICYMI – China data showed manufacturing sector contracted for a fifth straight month
Australian S&P Global Manufacturing PMI (August) 53.0, its highest since September 2022
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