Expectations of jumbo rate hike in New Zealand

Tina Teng, Markets Analyst at CMC Markets APAC & Canada, shares insights on regional markets performance as well as discusses key topics including:

• Market rebound amid US earnings optimism.
• Watch out for Netflix and Tesla’s earnings reports tomorrow.
• New Zealand’s CPI numbers have lifted the New Zealand dollar. There is a possibility that the RBNZ may raise the rate by 75 bps in November.
• China delays its GDP release – what could be the reasons for this and what does this signal to investors.