In Australia, the December quarter Wage Price Index release dominates the local agenda in the coming week. The semi-annual update on average weekly earnings will also be keenly observed together with the January jobs report and Friday’s testimony from the Reserve Bank Governor.
The recent US government shutdown is continuing to impact release dates for key economic data. US financial markets are closed on Monday as George Washington’s Birthday/President’s Day public holiday is observed.

Ryan Felsman, Senior Economist, CommSec