New Zealand dollar posts strong gains New Zealand Business Confidence expected to remain positive The New Zealand dollar has started the week in positive
New Zealand business confidence rises ADP Employment Change falls to 177,000 The New Zealand dollar is almost flat on Thursday, trading at 0.5958 in Europ
New Zealand’s ANZ Business Confidence index accelerated for a fourth straight month in August. The index improved to -3.7, up from -13.1 in July. Business Confidence has been in negative territory for 26 consecutive months, but the August print was the highest since June 2021. The consensus estimate stood at -1.9 and the New Zealand dollar didn’t react. If the upswing continues, we should see a positive reading in the next month or two, which would be a milestone and likely give a boost to the New Zealand dollar.
US GDP expanded by 2.1% ADP Employment slides to 177,000 New Zealand business confidence expected to improve The New Zealand dollar posted slight gains