Key events, besides US elections - ANZ

Analysts at ANZ noted the weeks key events.

Key Quotes:

"The US election is the focus this week."

"There are real risks to New Zealand, but also good reasons not to panic. The endgame for the political posturing and populist pushback is not good but it’s a thematic that will just need to be dealt with.

The RBNZ will cut the OCR this week because it has said it will, but strong economic data and signs of a turn in inflation suggest a risk they could be overcooking it. Risks of further cuts remain, but in our view this would require an ugly event offshore (for which there are plenty of candidates, admittedly).

Data this week should continue to flag that domestic economic momentum is strong, but that housing momentum has topped out courtesy of the LVR restrictions and affordability constraints."