NZ: A big week to end the year – ANZ

Analysts at ANZ suggest that it’s hardly a gentle wind-down to Christmas as tomorrow we have a Statistics NZ data dump: net migration, the trade balance and the current account deficit all at 10:45am.

Key Quotes

“Should be a fun time for markets if they all point in different directions (for the record, we’re picking down, up and smaller respectively). This is followed by credit card spending at 3pm, and Thursday brings Q3 GDP, which, while dated, always has some kind of implications for the starting point of the economy and hence for monetary policy. You can finish early on Friday though.”