The typical/expected impact on NZD pairs is medium.
The most recent announced value for NZIER Business Confidence (QoQ) was 19%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next NZIER Business Confidence (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Building Permits s.a. (MoM) | Bearish change | 10.7% | -15.6% | ||
RBNZ Interest Rate Decision | Bearish change | 3.5% | 3.25% | ||
Retail Sales (QoQ) | Bearish change | 1% | 0.8% | ||
Retail Sales ex Autos (QoQ) | Bearish change | 1.4% | 0.4% | ||
Exports | Bullish change | $7.41B | $7.84B | ||
Imports | Bearish change | $6.61B | $6.42B | ||
Trade Balance NZD (YoY) | Bullish change | $-6.25B | $-4.81B | ||
Producer Price Index - Output (QoQ) | Bullish change | -0.1% | 2.1% | ||
Business NZ PSI | Bearish change | 49.1 | 48.5 |
Country: | New Zealand |
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Currency: | NZD |
Source: | New Zealand Institute of Economic Research |
Category: | Economic Activity |
Frequency: | Quarterly |