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New zealand september building approvals data: -4.7% m/m (prior -7.0%)

Building consents were -37.% y/y Stats NZ comment:“The annual number of new homes consented has continued to decrease from its peak of 51,015 in the...

October 30, 2023, 9:46 pm

Rbnz says it expects defaults to increase in agricultural lending portfolios

Reserve Bank of New zealand statement: Agricultural sector facing difficult economic conditions due to ...

October 25, 2023, 9:22 pm

New zealand services pmi

Services PMI in New Zealand increased to 50.70 points in September from 47.70 points in August of 2023. Services PMI in New Zealand averaged 53.50 poi...

October 23, 2023, 12:59 pm

New zealand services pmi for september 50.7 (prior 47.1)

The BNZ – BusinessNZ Performance of Services Index (PSI) into expansion after three months of contraction.BusinessNZ chief executive Kirk Hope:“Th...

October 15, 2023, 9:32 pm

New zealand shifts right as christopher luxon named prime minister

Keep an eye on the New Zealand dollar at the weekly open.In general, G7 elections aren't a big deal in the FX market, particularly in a place as stabl...

October 15, 2023, 5:44 pm

New zealand data - september card retail sales -0.8% m/m (prior +0.7%)

New Zealand Electronic Retail Card Spending for September 2023-0.8% m/mprior +0.7%+1.6% y/yprior +3.7%Card spending data covers around 68% of core ret...

October 12, 2023, 9:50 pm

New zealand september manufacturing pmi 45.3 vs. prior 46.1

BusinessNZ / BNZ September Manufacturing PMI remains in deep contraction. New orders fell to 44.9 from 46.6 in the prior month Bank of New ...

October 12, 2023, 9:37 pm

New zealand sep. commodity price index +1.3% m/m (prior -2.9%). first rise in 3 months.

ANZ World Commodity Price Index recorded its first lift in three months in September +1.3% m/mprior -2.9%In local currency terms, +2.0% m/m with the N...

October 5, 2023, 12:11 am

Nzd/usd marked lower after the rbnz leaves rates unchanged, as expected

The Reserve Bank of New zealand statement and minutes highlights:RBNZ leaves its cash rate target uncha...

October 4, 2023, 1:08 am

Weekly market recap (18-22 september)

Monday:The New zealand services PMI fell further into contraction:47.1 vs. 48.0 prior.BNZ Senior Econom...

September 22, 2023, 3:40 pm

New zealand services pmi for august 47.1 (prior 48.0)

The BNZ – BusinessNZ Performance of Services Index (PSI) for August 2023 comes in at 47.1, back to levels last seen in January 2022prior 48.0third c...

September 17, 2023, 10:36 pm

Air new zealand sees impact on its schedule from jan 2024 amid engine issues

Air New zealand said on Tuesday that Pratt & Whitney maintenance of its Geared Turbofan jet engine flee...

September 11, 2023, 6:08 pm

Weekly market recap (14-18 august)

Monday:New zealand services PMI for July plunges into contraction to the lowest level since January 202...

August 18, 2023, 12:33 pm

Nzd/usd a few points higher after the rbnz statement says rates to stay high for some time

The Reserve Bank of New zealand summary is here:Reserve Bank of New Zealand leave cash rate unchanged a...

August 16, 2023, 2:08 am

New zealand services pmi for july plunges into contraction to 47.8 (prior 50.1)

Business New Zealand's Performance of Services Index for July 2023 comes in at 47.8June's reading was revised from 49.6 to 50.1July's 47.8 is the lowe...

August 13, 2023, 10:39 pm

New zealand trade balance eases on mom, improves yoy in june, nzd/usd stays pressured below 0.6200

As per the latest New Zealand (NZ) foreign trade numbers from the New zealand statistics, the headline ...

July 23, 2023, 11:44 pm

Weekly market recap (17-21 july)

Monday:New zealand services PMI came at 50.1 vs. 53.3 prior. The PBoC left the MLF rate unchanged at 2....

July 21, 2023, 12:42 pm

Under armour makes its play as uswnt set for world cup kick off

As the U.S. women's national soccer team prepares to defend its trophy in Australia and New zealand sta...

July 20, 2023, 5:34 pm

Itm new zealand sail grand prix amasses total economic impact of nzd $13.9m for christchurch regional economy

With more than half of attendees traveling from outside Christchurch to take part in the action, the ITM New z...

July 5, 2023, 1:14 am

New zealand to sign nz-eu free trade agreement and attend nato summit

A statement from New Zealand's government:Prime Minister Chris Hipkins will travel to Brussels to witness New ...

July 3, 2023, 9:08 pm


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