Economic calendar in Asia Monday, 6 November 2023 – Bank of Japan meeting minutes

<p>The Bank of Japan minutes are from the meeting of September 21 and 22. This meeting was a bit of a non-event, no change to policy:</p><ul><li><a href="https://www.forexlive.com/centralbank/boj-makes-no-change-to-its-major-policy-planks-no-change-to-forward-guidance-20230922/" target="_blank" rel="follow" data-article-link="true">BoJ makes no change to its major policy planks, no change to forward guidance</a></li></ul><p>The BOJ's 'Summary of Opinions' of meetings precede the Minutes by many weeks. This of the summary as sort of a Minutes 'Lite', they do give us some of idea of the discussion that took place. In the case of the September meeting the summary revealed a lot of batting around of ideas but, as I said above, no policy change:</p><ul><li><a href="https://www.forexlive.com/centralbank/boj-september-meeting-summary-yen-oil-price-moves-may-stop-inflation-from-falling-much-20231002/" target="_blank" rel="follow" data-article-link="true">BOJ September meeting summary – Yen, oil price moves may stop inflation from falling much</a></li></ul><p>Also due from Japan, a little after the minutes, are the services and composite PMI. </p><ul><li>Services <a href="https://www.forexlive.com/news/japan-jibun-preliminary-manufacturing-pmi-for-october-485-prior-485-20231024/" target="_blank" rel="follow">preliminary was 51.1</a> vs. 53.8 prior
</li><li>Composite preliminary was 49.9 (the lowest since December 2022) vs prior 52.1</li></ul><p>Also coming up are inflation data from Australia, the privately surveyed TD / MI monthly CPI gauge. The ABS survey of monthly inflation is a new indicator, the TD/MI indicator has been around a lot longer and is a respected survey. The Reserve Bank of Australia November meeting is on Tuesday, a rate hike of 25bp is widely expected. The CPI data from this survey will be a reminder that inflation in Australia is well above target.</p><ul><li>This snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" title="Click here!">access it here</a>.</li><li>The times in the left-most column are GMT.</li><li>The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.</li><li>I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.
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This article was written by Eamonn Sheridan at www.forexlive.com.