Markets are simple, so when you’ve got something as massive as the crisis going on in the Middle East, it’s hard to draw attention away from that, Phil Borkin says.
Headline inflation expected to hit ‘top end’ 3%, driven by council rate hikes.
This week will see a new listing on the NZX, a trading update from Fletcher Building, and a well-timed annual meeting for Genesis Energy.
GDP contraction figure should provide impetus for 50bps rate cut this week, says investor.
During what is expected to be a quiet week on the equities front, results of Synlait and The Warehouse Group will be keenly watched.
The dairy producer is expected to come in with positive earnings driven by buoyant global milk prices, hot on the heels of its announced $4.2b sale of its consumer interests.
A cut would deviate from the central bank's recent pauses, which have seen rates hold steady since a 50 basis point cut last September.
JBWere senior strategist Phil Borkin on the week ahead.
Harbour Asset Management portfolio manager Shane Solly on the week ahead for the financial markets.
Forsyth Barr analyst Aaron Ibbotson on which companies reporting this week will be of most interest.
