It was another very active day from New Zealand yesterday with a surprise RBNZ decision:

Rate hike expectations shifted forward in response:

Coming up from New Zealand are two key data points, inflation and employment.

The inflation report is due tomorrow, NZ time is Friday 16 July 2021

  • in GMT time its due at 2245 on the 15 July 2021
  • expected 2.8% y/y, prior 1.5%
  • expected 0.8%, prior 0.8%
  • I'll have more to come on this separately

And the employment report:

  • due on August 4
  • I'll have more to come on this as we get closer to that date

The meetings ahead for the Reserve Bank of New Zealand:

rbnz meeting 2021