New Zealand: Key economic events this week – ANZ

Dhwani Mehta FXStreet

The analysts at Australia and New Zealand (ANZ) banking group offer a list of key event risks due on the cards in the week ahead from the New Zealand docket.

Key Quotes:

“RBNZ Financial Stability Report – May (Wednesday 29 May, 9:00am). We think the RBNZ will prefer to wait and continue to assess the effects of the January easing in LVR restrictions for now, although a further small tweak can’t be ruled out.

ANZ Business Outlook – May (Wednesday 29 May, 1:00pm).

Building Consents – April (Thursday 30 May, 10:45am). Consents have shown strength recently. We expect consents to hold at a high level.

NZ Budget (Thursday 30 May, 2:00pm). The Treasury’s forecasts are expected to show the Government meeting its Budget Responsibility Rules.

ANZ Roy Morgan Consumer Confidence – May (Friday 31 May, 10:00am).

RBNZ Sector Lending – April (Friday 31 May, 3:00pm). Private sector credit growth has gained a little momentum in recent months, but further upside appears limited.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

EUR/USD shifts its attention to 1.1900 and above

EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.

GBP/USD challenges multi-day highs near 1.3530

GBP/USD leaves behind the previous day’s decline and regains fresh upside traction on Wednesday, surpassing the 1.3500 barrier in a context of a modest decline in the Greenback and a generalised improved mood in the risk-linked space. Meanwhile, the US tariff narrative continues to dictate the mood among market participants after Presidet Trump’s SOTU speech failed to surprise markets.

Gold remains bid and close to $5,200

Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.

UK financial watchdog advances stablecoin oversight as four firms pilot issuance

The Financial Conduct Authority (FCA) in the United Kingdom (UK) is advancing toward the final stablecoin regulatory framework with a pilot program involving four companies, including Monee, Financial Technologies ReStabilise, Revolut and VVTX.

Nvidia earnings to influence AI trade and broader market sentiment

For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.