Markets On Pause Ahead Of Wednesday

July 7, 2025
Markets On Pause Ahead Of Wednesday

Currency markets and stock markets are generally tracking sideways in early trading.

There's a smattering of scheduled news, however it appears traders are holding their breath for the moment.

From a rate movement perspective there's quite a global view of potential catalysts.

Eurozone retail sales numbers start proceedings followed by the Australian interest rate decision early tomorrow.

Analysts are expecting a 25 point cut to 3.6%.

Then it's Chinese inflation numbers out early Wednesday closely followed by the New Zealand interest rate decision the same morning.

For base rate decision we're expecting no change at 3.25%.

Business news follows the upcoming tariff situation with President Trump already suggesting changes of 10% to BRICS associated countries.

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Economic calendar

EUR: 10:00 Retail Sales

AUS: Tuesday 05:30 RBA Interest Rate Decision

CHN: Wednesday 02:30 Inflation Report

NZ: Wednesday 03:00 RBNZ Interest Rate Decision

As ever we look forward to keeping you in the loop and look out for our next update.
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