Daily Pivots: (S1) 1.5355; (P) 1.5460; (R1) 1.5548; More… Consolidation from 1.5704 is extending and intraday bias in EUR/AUD remains neutral first. . In case of another fall, downside should be contained by 55 day EMA (now at 1.5318) to bring rebound. On the upside, decisive break of 1.5704 resistance will resume whole rally from […]
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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…