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In Australia over the coming week, the economic diary is sparsely populated. Main interest will be in a speech from the Reserve Bank Governor on Wednesday.
The week kicks off on Tuesday with the weekly gauge of consumer confidence to be issued by ANZ and Roy Morgan. Consumers have been more upbeat in recent weeks with sentiment underpinned by a relatively stable global environment, higher share prices and positive economic data. The main negatives have been a softer currency and higher petrol prices.The monthly report cards on Chinese investment, production, retail sales and house prices will be issued over the week. In the US, a number of ‘top shelf’ indicators will also be released such as sales and production.
In the coming week there are a number of indicators covering the US housing market. The other point of interest is the minutes of the last Federal Reserve meeting.

Published by Craig James, Chief Economist, CommSec