The economic highlight of the week will be the CPI inflation report in the US, which covers the month of July and is out on Wednesday. We’ll also be watching the July retail sales report and the August University of Michigan consumer survey in the US.
These releases all take on greater importance after the soft jobs report, which saw expectations for further Federal Reserve rate hikes fall back sharply. Markets now see a greater chance of no change at the September meeting.
On the central banking front, the highlight will be the Reserve Bank of Australia (RBA) decision, which is due on Tuesday afternoon. After three 0.25% hikes in 2026, markets expect no change from the RBA this week.
There are a few things to keep an eye on locally, including the latest Reserve Bank survey of expectations, a manufacturing PMI and fresh migration figures. The reporting season continues offshore, with results from Rocket Lab, Cisco and Tencent in focus. Things also heat up across New Zealand and Australia, with Contact Energy reporting on Monday here and several results looming across the Tasman, including Amcor, Commonwealth Bank and Telstra.
You can also watch Mark Lister discuss the latest economic trends on his weekly feature on BNZ Business Breakfast on TVNZ+ >
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Market Insights enewsletter
Keep up to date with our fortnightly Market Insights enewsletter. Our research team provide timely and regular commentary and analysis on market developments, understanding investment jargon, and the impact of current events.
Mark Lister
Investment Director
Market Insights enewsletter
Keep up to date with our fortnightly Market Insights enewsletter. Our research team provide timely and regular commentary and analysis on market developments, understanding investment jargon, and the impact of current events.