NZ BNZ manufacturing rises to 48.9, signs of life despite prolonged contraction
New Zealand BusinessNZ Performance of Manufacturing Index rose from 46.8 to 48.9 in April. Despite […]
Short-Term Technical Picture for Dollar Turned More Neutral
Markets US data on Friday (almost) perfectly fitted the dovish post-Fed market momentum. After several […]
OECD sees limited scope for RBNZ rate cut this year
OECD said the persistence of inflationary pressures within New Zealand would limiting the flexibility for […]
NZ Dollar Shrugs After Soft Jobs Report
The New Zealand dollar has steadied on Thursday, after a sharp decline of 1.5% a […]
RBNZ cautions on persistent inflation risks and financial market volatility
RBNZ the decline in global inflation from previously elevated levels. At the same time, financial […]
New Zealand employment falls -0.2% qoq in Q1, unemployment rate jumps to 4.3%
New Zealand employment fell -0.2% qoq in Q1, much worse than expectation of 0.3% qoq […]
NZ First Impressions: Labour Market Surveys, Q1 2024
The New Zealand labour market is softening, but government pay agreements have continued to hold […]
New Zealand ANZ business confidence plunges to 14.9 amid rising costs and weak demand
ANZ Business Confidence dropped notably from 22.9 to 14.9 in April. Own Activity Outlook similarly […]
Week Ahead – Hawkish Risk as Fed and NFP on Tap, Eurozone Data Eyed Too
Fed meets on Wednesday as US inflation stays elevated Will Friday’s jobs report bring relief […]
New Zealand’s goods exports rises 3.8% yoy in Mar, imports fell -25% yoy
New Zealand’s goods exports rose 3.8% yoy to NZD 6.5B in March. Goods imports fell […]
Market Continues to Price in a Plethora of Rate Cuts for 2024
Market is still in monetary easing mode despite fewer rate cuts priced in across the […]
NZ BNZ services dips to 47.1, lowest since early 2022
New Zealand’s BusinessNZ Performance of Services Index ticked down from 47.2 to 47.1 in April, […]