Key risks ahead for Asian session - Westpac

Analysts at Westpac noted today's key event risks.

Key Quotes:

"Australia: June private sector credit is expected to have risen 0.4%, with housing lending up 0.6% but business credit just 0.2%.

New Zealand: June building consents are seen down 5% after the 7% jump in May. July ANZBO business confidence is also due.

China: The official manufacturing PMI for July should extend the recent run in the low 50s.

Eurozone: Consensus is for unchanged CPI in July: headline 1.3% y/y, core 1.1%.

US: The Chicago PMI should continue to run well above the national average while pending home sales are seen up 1%."