Weekly Economic Update 10 July 2017

In this week’s Australia & NZ Economic update print version:

Australia

  • RBA continues cautious approach amid weather, wage & housing uncertainty.

  • Data Wrap:

                 - May dwelling approvals

                 - May retail sales

                - May trade balance

  • Round-up of local data released over the week

  • Data preview:

                 - May housing finance (no.)

                 - Apr Westpac-MI Consumer Sentiment

New Zealand

  • New Zealand: week ahead & Data wrap

  • Round-up of local data released over the week

  • Data preview

                 -  Jun house prices and sales

                 -  June retail card spending

Other countries data preview:

  • US June CPI

  • US June retail sales

 

Key data & event risk for the week ahead

 

Read the full report here

https://wibiq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2017/July/WestpacWeekly20170710.pdf

 

Economic & financial forecasts

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Full disclaimer

Past performance is not a reliable indicator of future performance. The forecasts given above are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the forecasts are based are reasonable, the forecasts may be affected by incorrect assumptions or by known or unknown risks and uncertainties. The results ultimately achieved may differ substantially from these forecasts.

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