'Event risk' during the Asian timezone today

There is a lot on the calendar today, Westpac have highlighted the following as the focal points

Australia: Q4 GDP

• is forecasted to increase 0.9% as the economy rebounds following a contraction of 0.5% in Q3.


• Partials have been mixed with inventories coming in below expectations and net exports moderate, whereas company profits and public demand surged.


• This has led to a revised Q4 GDP equated by 0.8% domestic demand, 0.2% net exports, -0.2% inventories and a statistical discrepancy of 0.1% due to the higher GDP income estimate.

China: PMI

• Feb Caixin and Markit PMI release with the index currently showing a positive trend in services whilst manufacturing has returned to its long run trend.

US: President Trump"s address to a joint sitting of Congress is eagerly awaited by traders and economists (among others)

• Any detail on fiscal plans and their timing to be closely scrutinised.
  

"Event risk" during the Asian timezone today
"Event risk" during the Asian timezone today
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