Investors are closely watching inflation data as it will be an indicator of the Fed's potential interest rate cuts. Inflation will have significant implications for interest rates at next week's meeting, which are expected to remain unchanged at 5.25%-5.50%.

Market confidence remains positive as investors anticipate that the conflict between Iran and Israel will not escalate further. This is reflected in the 10-year US government bond yield, which stands at around 4.63%. Attention will be paid to the US PCE, which is expected to continue increasing.

The New Zealand dollar remains vulnerable to increased risks from tensions in the Middle East. Meanwhile, investor expectations for the Reserve Bank of New Zealand (RBNZ) to further reduce interest rates by the end of November have increased after the Consumer Price Index (CPI) in the first quarter is expected to rise by 0.6%.