We have had data from Japan this morning, disappointing:

If you think economic developments in Japan are arguing against Bank of Japan interest rate rises, as are political pressures, I'd be agreeing with you. But, listen out for what Bank of Japan Governor Ueda has to day today.

Later will hear from Reserve Bank of Australia Assistant Governor (Financial Market) Christopher Kent. Speaking from 5.30 pm Sydney time:

Kent's topic will be "Financial Markets and Monetary Policy in Australia". Kent will review some key features of Australia's financial system, and will then discuss some of the implications of these for: