Daily Pivots: (S1) 0.9931; (P) 1.0004; (R1) 1.0041; More…. Intraday bias in EUR/CHF stays on the downside at this point. Sustained break of 0.9970 low will resume larger down trend. Next target is 0.9650 long term projection level. On the upside, however, above 1.0214 minor resistance will delay the bearish case, and turn bias back […]
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New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…
New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a better outcome than the expected -0.5% qoq contraction. However, the data revealed underlying weakness, as retail sales excluding autos fell Read more…
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…