The week ahead

It will be a holiday-shortened week in the US and the UK, with both markets closed on Monday. However, there's still plenty for investors to keep an eye on! The US debt ceiling debate will remain front of mind, after news over the weekend of a tentative agreement that could support investor sentiment. On the economic front, we will be watching the ISM manufacturing index and jobs report in the US, and the latest inflation figures in Europe. It'll be a quieter few days here in New Zealand, although markets will continue to assess what last week's Reserve Bank means for interest rates and financial markets.