There was growing speculation that Australia’s Secretary of the Department of Finance Wilkinson will replace Governor Lowe at the helm of the Reserve Bank of Australia.
Australia’s June Services PMI 50.3 (expected 50.7; last 52.1). May Retail Sales 0.7% m/m, as expected (last 0.0%).
June AIG Manufacturing Index -19.8 (last -5.1)
June AIG Construction Index 10.6 (last -6.6)