Description
This week's key releases will be October flash PMIs, the Fed Beige Book, European consumer confidence and the Tokyo CPI in Japan. The international quarterly corporate reporting season continues as well, with more than 100 S&P 500 companies scheduled to announce results. Some of the highlights are likely to include 3M, Boeing, Coca-Cola, Tesla, Unilever, UPS and Colgate-Palmolive. Closer to home, markets will tune in to a speech from RBNZ Governor Adrian Orr in Washington DC.
The US sharemarket has pushed higher since the election, building on the strong gains we saw leading up to it. The S&P 500 index is up 27 per cent (including dividends) so far in 2024, on the back of a similar rise last year. After the 60 per cent return since the end of 2022, is a...
Published 11/26/24
The final RBNZ meeting of 2024 is on Wednesday. Markets expect another 50-basis point cut, but could the RBNZ go bigger or smaller? We'll also get the retail sales report for the September quarter, and the latest monthly ANZ Business Outlook. There will be plenty to watch on the corporate front...
Published 11/23/24