US stocks surged over the weekend to record highs, and markets are looking out this week for three crucial central bank decisions.
In our bonus deep-dive interview, ANZ Australia Senior Economist Adelaide Timbrill explains why big shopping centres with multiplex cinemas are doing much better than shops in and around CBDs.
5 things to know
US stocks surged more than 1% on Friday. ANZ’s Group Chief Economist Richard Yetsenga looks ahead at the risks for valuations, and the positives.
The Bank of Japan is set to hold tomorrow, but should be watched closely, says Richard.
Richard also sees the People’s Bank of China holding policy later today, despite the hopes of some elsewhere for more monetary stimulus.
The RBNZ still has all options on the table as it watches this week’s NZ inflation data on Wednesday, says ANZ NZ Chief Economist Sharon Zollner.
Richard will be watching Euro zone lending figures on Tuesday ahead of the ECB’s decision on Thursday night.
Cheers
Bernard
PS: Look out tomorrow for the latest from the PBoC.
