New Zealand January business confidence -52.0 (prior -70.2) Activity -15.8 (prior -25.6)
ANZ New Zealand Business Survey – ANZ remarks on the results: Business people appear to have come back from holiday in slightly better spirits. Some of the shock value of the November rate hike and talk of a “deliberately engineered” recession appears to have worn off, though most indicators remain at very subdued levels. The […]
New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets
New Zealand Dollar, NZD/USD, NZ PM Resigning, US Data – Asia Pacific Market Open: NZD/USD looks past New Zealand Prime Minister Jacinda Ardern resigning Rather, the Kiwi Dollar sank earlier as risk aversion boosted the US Dollar New Zealand Dollar vulnerable if sentiment deteriorates in Asia-Pacific trade Recommended by Daniel Dubrovsky Get Your Free USD […]
New Zealand commodity price index for December -0.1% m/m (prior -3.9%)
ANZ World Commodity Price Index data. Down 0.1% m/m in December vs. down 3.9% in November In NZD terms down 3.8% (NZD rose 2.1% against its Trade Weighted Index) — In y/y terms down 11.4% in December November was down 11.5% y/y — As part of its report ANZ look at global shipping rates, which […]