New Zealand Economy

Summary Consumer prices rise by 0.1% during the three months ending December 2018 New Zealand’s annual inflation rate at 1.9% Fuel prices drag consumer prices lower Inflation pressure is stronger than expected RBNZ’s rate…
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AUDNZD or AUD/NZD is the symbol for the currency pair composed of the Australian dollar and the New Zealand dollar and is a cross pair since it doesn't include the US dollar. The value corresponds to how many New Zealand dollars (the quote…
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Economic growth in New Zealand eased to a five-year low sparking concerns that the Reserve Bank of New Zealand could be thinking of a rate cut. The declines came as the manufacturing sector and farming dragged economic growth lower. The…
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Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data…
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The Reserve Bank of New Zealand met for its monetary policy meeting on late Wednesday. As widely expected, the Central Bank held interest rates unchanged at 1.75%. The decision to leave interest rates steady came amid what is seen as a…
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Consumer prices in New Zealand rose unexpectedly in the three months ending September 2018; official data showed last week. Headline inflation rate was seen rising 0.9% on a quarterly basis during the third quarter of 2018, data from…
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Some important events mark the economic data for the week ahead. This comes amid a slow calendar week last week. The Fed will be releasing its meeting minutes this week. A busy schedule for the USD will also see the retail sales, the…
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The New Zealand Dollar (NZD) is surprisingly popular among traders given the unique characteristics of the country it's from - taking a larger than life role in the markets, not unlike the hobbits they are now famous for. Before the Lord of…
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The economic calendar for the week ahead remains relatively quiet. This puts extra focus on the Fed's meeting due this week on Wednesday. The FOMC will be releasing its monetary policy statement along with staff economic projections and a…
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Daily Forex Market Preview, 19/09/2018 The U.S. dollar was seen trading down on Tuesday. Fresh news about the U.S. slapping China with higher tariffs was met by China responding in the same. The markets were however to the reports.…
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