Market In Review 08/2022
The USA is on holidays today so it should be a quiet start to the week. Data wise, there is a bunch of PMI’s out this week from Europe and USA. Personally I do not put a lot of weighting on PMIs as they are only a survey of expectations, not hard data of what has actually been manufactured or serviced. Also, there is the Kiwi Central Bank meeting, with the RBNZ expected to raise again to 1%.
