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The latest inflation figures will be a highlight in the US this week, while Fed Chair Jerome Powell is scheduled to speak on Thursday in Dallas about the economic outlook. Closer to home, the Reserve Bank of New Zealand’s survey of expectations will be in focus, as will the latest housing market report from the Real Estate Institute. On the corporate front, the international reporting season is winding down but we'll still hear from Home Depot, Tencent, Burberry, Walt Disney and Alibaba. There's quite a bit to monitor across the NZX and ASX too, with earnings releases due from Goodman Property, Mainfreight and Infratil here in Aotearoa, and from Aristocrat and Xero across the Tasman.
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