The fourth-quarter data from NZ was released earlier, weaker than expected:
My summary was the data is dated and the slide comes after a massive Q3 bounce.
BNZ pre-empted the data release with a sanguine view:
Search Web: New Zealand Q4 GDP recap – two different takes
Recent Posts
- S&P 500 Holds Losses Despite Pullback in Short-Term Consumer Inflation Expectations
- Gold Price Forecast: Gold Threatens Larger Break, 1854 Support in Sight
- Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, Fed, CPI, China
- S&P 500 Outlook: Equities Drop Ahead of Peloton, Disney and Alibaba Earnings
- USD/JPY Forecast – Setting Up for the Next Leg Higher?
ZH-CN
EN
FR
DE
ES