TREE NEWS update: Key events on the calendar include RBA Assistant Governor Hunter at 10:30 Beijing time, Japan’s final July industrial output at 12:30, a State Council policy briefing on small-business payment arrears at 15:00, ECB’s Schnabel speaking at 17:15, Canada’s August CPI at 20:30 and ECB’s Cipollone at 21:00. All times are Beijing time.
Economic Calendar: RBA, ECB Speakers, Canada CPI in Focus
The day's calendar is unusually stacked with policy signals, but the most consequential item is Canada's August CPI: it lands while the ECB's Schnabel and Cipollone are also on the wires, so rate-path repricing in two blocs could overlap. The RBA's Hunter and Japan's industrial output matter more for regional growth reads than for immediate policy. The open question is whether markets treat the ECB commentary as decisive or wait for harder inflation data.
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