NZ First Impressions: Budget Policy Statement Review
The Government’s first Budget Policy Statement confirms that Budget 2024 will unveil a markedly weaker […]
NZ government drastically cuts 2024 growth forecast to 0.1%, lowers inflation outlook
New Zealand government has made significant revisions to its economic forecasts, projecting a notably subdued […]
Yen Rebounds Amid Short-Covering, Dollar Rally Eases
Japanese Yen rebounds broadly today, likely driven by traders taking profits on short positions after […]
New Zealand’s goods exports rises 16% yoy in Feb, imports up 3.3% yoy
In February, New Zealand’s goods exports leaped by 16% yoy to NZD 5.9B. This surge […]
New Zealand in technical recession as Q4 GDP contracts -0.1% qoq
New Zealand’s economy has officially entered technical recession, with GDP contracting by -0.1% qoq in […]
First Impressions: NZ GDP, December quarter 2023
GDP contracted by 0.1% in the December quarter, slightly softer than Westpac and RBNZ estimates. […]
New Zealand Westpac consumer confidence rises to 93.2 in Q1, yet pessimism lingers
New Zealand Westpac Consumer Confidence rose from 88.9 to 93.2 in Q1, marking its highest […]
NZ BNZ services rises to 53.0, signs of early and strong growth emerge
New Zealand’s BusinessNZ Performance of Services Index climbed from 52.2 to 53.0 in February, marking […]
Dollar Rises on Fed Reassessment, But Reversal Pending Confirmation
Dollar ended the week as the strongest currency, boosted by the fresh round of inflation […]
Week Ahead – Five Central Banks: Who Will Hike, Who Will Not Cut?
Fed meets on Wednesday with focus on new dot plot Will the Bank of Japan […]
NZ Dollar Extends Losses after Mfg. PMI Contraction
The New Zealand dollar continues to lose ground and has dropped more than 1% since […]
NZ ANZ business confidence fall to 22.9, inflation expectations down to 3.8%
New Zealand ANZ Business Confidence fell from 34.7 to 22.9 in March. Own Activity Outlook […]