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Economic outlook - Westpac

Analysts at Westpac offered an economic event risks outlook for the day ahead.

Key Quotes:

"NZ has the second of the consumer surveys this month from Westpac, as well as services PMI and ANZ business confidence. Markets will note any change in the inflation expectations component in the latter.

The Australian federal government’s mid-year fiscal update is expected to show a deteriorating deficit as broad economic weakness offsets commodity price gains. Markets will be watching for any rating agency reactions.

China property prices have been showing broadening momentum across tiers in recent months. 

Fed Chair Yellen speaks."

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