News Event
From Trading Economics: New Zealand’s terms of trade decreased 1.8 percent on quarter in the three months to September of 2016, following an upwardly revised 2.5 percent drop in the previous period. Goods export prices went down 2.8 percent, the fourth straight decline in a row, led by falls in the prices of dairy (-3.7 percent), meat (-3.1 percent), and forestry (-4.1 percent).…
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News Event
From Trading Economics: New Zealand’s terms of trade decreased 1.8 percent on quarter in the three months to September of 2016, following an upwardly revised 2.5 percent drop in the previous period. Goods export prices went down 2.8 percent, the fourth straight decline in a row, led by falls in the prices of dairy (-3.7 percent), meat (-3.1 percent), and forestry (-4.1 percent).…
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News Event
From Trading Economics: New Zealand posted a trade gap of NZD 846 million in October of 2016, compared to a NZD 904 million deficit a year earlier and better than market expectations of NZD 950 million shortfall. It was the smallest gap recorded since July when the trade balance swung into deficit.…
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News Event
From Trading Economics: New Zealand posted a trade gap of NZD 846 million in October of 2016, compared to a NZD 904 million deficit a year earlier and better than market expectations of NZD 950 million shortfall. It was the smallest gap recorded since July when the trade balance swung into deficit.…
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News Event
From Trading Economics: The Business NZ Performance of Manufacturing Index for New Zealand fell to 55.2 in October of 2016 from a downwardly revised 57.5 in a month earlier. Production (57.9 from 61.2), new orders (54.8 from 60.4), finished stocks (52.3 from 54.7) and deliveries (55.7 from 57.6) advanced at a slower pace, while employment rose faster (53.8 from 50.3).…
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News Event
From Trading Economics: The Business NZ Performance of Manufacturing Index for New Zealand fell to 55.2 in October of 2016 from a downwardly revised 57.5 in a month earlier. Production (57.9 from 61.2), new orders (54.8 from 60.4), finished stocks (52.3 from 54.7) and deliveries (55.7 from 57.6) advanced at a slower pace, while employment rose faster (53.8 from 50.3).…
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News Event
From Trading Economics: The Reserve Bank of New Zealand lowered its official cash rate by 250 basis points to 1.75 percent to a fresh record low at its October 2016 meeting, as widely expected. Policymakers noted, stronger New Zealand dollar has lowered import prices and kept inflation below the medium term target range of 1 to 3 percent for the past two years.…
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News Event
From Trading Economics: The Reserve Bank of New Zealand lowered its official cash rate by 250 basis points to 1.75 percent to a fresh record low at its October 2016 meeting, as widely expected. Policymakers noted, stronger New Zealand dollar has lowered import prices and kept inflation below the medium term target range of 1 to 3 percent for the past two years.…
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The Kiwi remained little changed after the Asian session and has a high likelihood of making gains after the ‘Global Dairy Trade Auction’. Currently, the futures market shows that price of whole milk powder will gain for the fourth consecutive time.…
The Kiwi remained little changed after the Asian session and has a high likelihood of making gains after the ‘Global Dairy Trade Auction’. Currently, the futures market shows that price of whole milk powder will gain for the fourth consecutive time.…
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