Market and economic outlook - Westpac

Analysts at Westpac offered an economic outlook on a quiet looking start to the week.

Key Quotes:

"NZ Q3 Westpac–MM employment confidence and Aug trade balance due. Data flow outside of Australia/NZ is mostly light, though we will see the Sep IFO German business confidence survey.

ECB President Draghi to speak in front of European Parliament Economic Affairs Committee; and in the US, Fed’s Tarullo to speak on stress testing and Kaplan to appear in Q&A session."

BoJ: broken down, still looking for currency weakness - Socgen

Kit Juckes, economist at Societe Generale explained that the BOJ decided to go on growing its balance sheet at around Y80trn per annum ...
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