Markets Primed For US Inflation - MI090424

April 9, 2024
Markets Primed For US Inflation - MI090424

It was a fairly quiet day in the markets yesterday, and the lack of scheduled news today could cause a similar outcome today.

Traders will be poised for the US inflation report tomorrow.

There is a smattering of news ahead of that.

The ECB releases its bank lending survey this morning before eyes turn towards the New Zealand Dollar in the early hours of tomorrow.

In the early hours the Reserve Bank of New Zealand releases it's interest rate decision. Analysts are expecting no move at 5.5%.

Business news focuses on the Post Office scandal. What is being referred to as the Horizon Saga is entering the next phase of inquiry with big hitting testimonies being heard today.

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Economic calendar

EUR: 09:00 ECB Bank Lending Survey

NZ: Wednesday 03:30 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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