The week ahead – will the RBNZ cut the OCR this week?

It’s a huge week here in New Zealand, with one of the most eagerly anticipated Reserve Bank decisions in recent memory due on Wednesday afternoon.

The international highlights will include the July CPI report in the US, as well as retail sales for the same period. Investors will also be watching monthly activity indicators in China and a raft of economic releases in the UK.

The New Zealand reporting season will start slowly with Skellerup the only company of note set to report earnings.

However, it’ll be very busy across the Tasman with results from the likes of CSL, Goodman Group, Telstra and Amcor.

International earnings highlights will include Walmart and Home Depot in the US, as well as Tencent and Alibaba in China.

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