RBNZ says numerous uncertainties remain and policy may need to adjust accordingly

Market news

28 September 2017

RBNZ says numerous uncertainties remain and policy may need to adjust accordingly

Q2 gdp grew in-line with expectations
There remains a risk of resurgence in house prices
House price growth has moderated further, this moderation is expected to continue
Growth to maintain current pace going forward
Domestic growth is projected to maintain its current pace going forward
Expects future headline inflation to reach the midpoint of the target band over medium term

Eurostoxx 50 futures up 0.17 pct, DAX futures up 0.25 pct, CAC 40 futures up 0.22 pct, FTSE futures up 0.18 pct

German income expectations and propensity to buy decreased - GfK

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