Reflecting the era ahead, the BBSW fell again and is now 114.9 basis points from peak just over 6 months ago.
This week we get June wages growth data on Wednesday and Jobs growth Thursday. We will also get more consumer confidence data on Tuesday and Wednesday, as well as a further read on business confidence.
In addition, China will release more data on Wednesday covering sales, investment and production, interesting in the context of the trade wares.
The profit reporting continues with Bendigo and Adelaide Bank already released today and Insurer QBE on Thursday.
Finally, the RBA will be busy, with Christopher Kent, Assistant Governor (Financial Markets) speaking on Tuesday, and Guy Debelle, Deputy Governor – Risks to the Outlook – on Thursday.
