Daily Alert: Hello Aussie. Let’s get together!

  • Today is the day that we open the bubble with Australia; this has many economic implications.
  • Locally, the Consumer Price Index (CPI) for Q1 2021 is due on Wednesday; we are expecting a 0.8% qoq outcome, slightly below RBNZ expectations of a 1.1% lift.
  • Overseas, the RBA April meeting minutes are due on Tuesday, but with the April Board meeting being a low-key affair, the minutes shouldn’t spark too much action in Aussie financial markets.

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