New Zealand Economy

Next week gets off at an early start with important Kiwi data coming out on Sunday night at 22:45 CET, or 16:45 EST. The data could inject some volatility into NZD pairs. Electronic Card Transactions data isn't usually considered a major…
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As traders know, in economic terms, Australia and New Zealand are connected at the hip. It's not uncommon for economic issues to hop across the Tasman Sea, usually from west to east.  Given the ongoing housing issues affecting Australia,…
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Can we expect another trade surplus for New Zealand, or will the trade balance return to its trend? Either way, it won't be surprising if we get some volatility in NZD pairs with this data release happening overnight on Tuesday. So,…
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The economic calendar for next week gets an early start with key data from New Zealand during the Sunday Asian session. This data release gets extra attention because it's a data set that we would typically expect to receive monthly.…
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Coming up during the Asians session, we have a couple of pieces of New Zealand macro data that could generate some waves in the currency markets: the bi-monthly dairy price index and PPI data. The latter gets more attention given the…
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Summary The central bank downgraded the OCR projection and was seen to be slightly dovish compared to the previous meeting. Despite the dovish message, there were some hawkish undertones. RBNZ remained optimistic about the…
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We could see some volatility in NZD pairs later in the Asian session around what is probably the most important and market-moving event of the month: the RBNZ's monetary policy decision and subsequent statement. Here's a look at what's…
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The latest unemployment report from New Zealand showed a disappointing performance from the labor market for the period. Data released by Statistics New Zealand showed that the unemployment rate rose to 4.3% which was higher than…
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Coming up tonight at 22:45 if you are in Europe, or 16:45 on the East Coast, we could see some moves in NZD pairs due to the release of the electronic card transactions during January. While it's not one of the major monthly data…
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We could have some volatility in NZD pairs coming up on Wednesday at 20:45 CET (or 14:45 CET) with the release of a series of unemployment data out of New Zealand. If you aren't a regular tracker of kiwi economic data, this is sort of…
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