New Zealand business confidence rose sharply to a net 40% in the September quarter, though firms' own trading remained flat. Oil prices from US-Iran tensions…
The ANZ World Commodity Price Index increased 0.6% in September, led by oil-driven rises in milk powder and aluminium, while a weaker New Zealand dollar…
New Zealand consumer confidence dipped to 97.6 in September as a mid-month oil spike dampened sentiment, while two-year inflation expectations fell to 4.5%.
ANZ's September survey shows NZ business confidence easing to +52, with late responses hit by higher oil prices. Inflation expectations held at 3.25%.
RBNZ's Breman sees higher oil prices lifting near-term inflation above forecasts, without committing to a policy move ahead of October.
New Zealand Q2 GDP rose 0.2% q/q and 2.6% y/y, beating forecasts and easing RBNZ growth concerns.
New Zealand Q2 GDP rose 2.6% y/y, above the 2.3% forecast, supporting the kiwi dollar.
New Zealand's Q2 GDP expected near zero; RBNZ likely to delay rate decision until December unless data surprises.
New Zealand's services sector expanded for a third month in August, with the PSI rising to 51.2, though fragility remains.
New Zealand's manufacturing PMI fell to 53.1 in August from 54.3 but remains above the long-term average. Employment stalled at 50.0.
The RBNZ raised rates again but signaled the next hike is more likely in December than October.
Hansen's remarks contained no new information, so NZD didn't move. A flat currency response to central bank comments signals either that or a market that had…
AUD/NZD pushed into key resistance zone following RBNZ hike and Australia GDP beat.
NZD/USD fell after RBNZ comments confirmed a gradual tightening path, with key support at 0.5890 and 0.5840.
Central bank decisions move markets based on deviations from expectations, not the rate change itself. The RBNZ's rate hike weakened the NZD due to a dovish…