Adam posted the Six events to watch in the week ahead.
If I was the conspiracy-theory type I'd say his post was an attempt to divert attention from the great southern lands of Australia and New Zealand ... we didn't get a mention! (Oh, apart from a forlorn footnote).
OK, so lets set things right. Sure there a few things happening in the northern hemisphere ... but ... more importantly ...:
New Zealand week ahead:
- Drumroll please. The Reserve Bank of New Zealand have their monetary policy meeting announcement on Thursday (local time), which will include a following press conference and alos the release of the quarterly Monetary Policy Statement. The RBNZ is most likely to remain on hold (at a cash rate of 3.5%), but the statement is a bit of a toss-up ... many analysts are saying the RBNZ could adopt an easing bias while many others are expecting neutral ... the split is around 50/50. I'll have more on this.
- There is some economic data due from New Zealand this week, but none of it is high-impact: Tuesday is electronic card transactions and REINZ house prices, Friday brings BNZ-BusinessNZ PMI.
Australia, week ahead:
Monday - ANZ job ads
Tuesday - the high-impact NAB business confidence and conditions data (prior)
Wednesday -
- Speech by Christopher Kent, Reserve Bank of Australia Assistant Governor (Economic), at the National RSL Clubs Conference in Hobart
- Westpac-MI consumer sentiment data (prior put the index above 100 first time since February of 2014)
- Australian housing finance (prior)
Thursday -
- Employment data for February (following a poor result for January)
- Melbourne Institute inflation expectations survey
