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Business Weekly Economic Report 
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Tuesday, 02 February 2010
  • The RBNZ delivered an environmentally-friendly statement by recycling the message from its December Monetary Policy Statement.
  • We continue to expect the first OCR increase in April, though now expect 25bp increments instead of 50bp for the initial moves.
  • This week watch the RBA (Tuesday afternoon) and Friday night’s US Non-farm Payrolls.

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Report Prepared by:

Christina Leung
ASB Economist
Phone: +64 9 369 4421
Fax: +64 9 302 0992






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