South Korea Service Sector Output climbed from previous 0.1% to 0.3% in December

South Korea Industrial Output (YoY) dipped from previous 4.8% to 4.3% in December

South Korea Industrial Output Growth down to -0.5% in December from previous 3.4%

Australia AiG Performance of Mfg Index dipped from previous 55.4 to 51.2 in January

BoC’s Poloz: Inflation will be sustainably at target around mid-2018

BoC's Governor Stephen Poloz is crossing the wires, via Reuters, noting that current major models provide little insight into forces behind financial crisis or behavior since crisis. Key headlines (via Reuters): Current economic models performing well, but recent experience points t ...

Outlook for the antipodean cross and rates – Westpac

Analysts at Westpac offered an outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD: The next major target 1.0240 (Sep low) for the weeks ahead. AUD/NZD 1-3 month: Higher to the 1.0650-1.0770 area, mainly for valuation reasons. The cross remains well below fair value estimate ...

New Zealand Employment Change in line with forecasts (0.8%) in 4Q

FOMC coming up – Westpac

Analysts at Westpac offered a quick preview of the FOMC meeting (Wednesday). Key Quotes: "We expect the FOMC to stand pat at this week’s meeting and for there to be only small changes to its statement after the meeting. However, we may learn more over the next several weeks. We expec ...

New Zealand Labour cost index (YoY) unchanged at 1.6% in 4Q

New Zealand Labour cost index (QoQ) below expectations (0.5%) in 4Q: Actual (0.4%)

New Zealand Participation Rate increased to 70.5% in 4Q from previous 70.1%