According to analysts at ANZ, the RBNZ’s Monetary Policy Statement will take centre stage this week and while developments have been a mixed bag since the August Statement, but ANZ expects the RBNZ will remain cautious about the medium-term outlook and reassert a dovish tone. Key Quotes “Labour market data also out this week is expected to show a stable, tight labour market, providing continued support to household spending. So far, the household sector has been fairly resilient to the headwinds facing the economy, but our latest ANZ-Roy Morgan Consumer Confidence Survey shows that households are feeling a bit warier about the future.” “Going forward, we expect that consumption will remain firm, supporting growth. But with businesses and even the RBNZ circumspect about the future, wariness may be here to stay – meaning household retrenchment is a key risk. There’s a slew of other data out this week, including a GlobalDairyTrade auction, with a further fall in dairy prices expected.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia confirms minority government following by-election – Reuters FX Street 4 years According to analysts at ANZ, the RBNZ's Monetary Policy Statement will take centre stage this week and while developments have been a mixed bag since the August Statement, but ANZ expects the RBNZ will remain cautious about the medium-term outlook and reassert a dovish tone. Key Quotes "Labour market data also out this week is expected to show a stable, tight labour market, providing continued support to household spending. So far, the household sector has been fairly resilient to the headwinds facing the economy, but our latest ANZ-Roy Morgan Consumer Confidence Survey shows that households are feeling a bit warier… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
