* As widely expected the RBNZ left rates on hold at the July policy meeting. * The central bank cons...
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NAB business price/cost components in May were mixed containing elements of concern and optimism. The pickup in labour costs in addition to signs that wage growth is rising again are likely to be monitored closely. The employment component of the survey though was very weak which may pressure pay gains.
Australia NAB business prices/costs 3m/3m %
Australia labour costs 3m/3m %
At the Tokyo lunch break, JGB futures are slightly weaker, -4 compared to the settlement levels, after giving up overnight gains.
A relatively quiet start to the week with a major inflow for Korea tipping the last 5-days of inflows above $2bn