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Daily Alert: Mixed end to the week for data and sharemarkets in Europe and the USA

  • While US economic data data released on Friday was buoyant, US sharemarkets closed the week mixed.
  • The Q4 NZ CPI inflation figures were firmer than market and RBNZ expectations on Friday, with the CPI lifting 0.5% over the quarter, to be 1.4% up on a year earlier.
  • Offshore the highlight is the FOMC meeting in the US on Thursday morning (NZT), and the advanced reading of Q4 US GDP on Thursday night.

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