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.

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