Dow Jones index reversed from major resistance level 35550.00 Likely to fall to support at 34675.00 Dow Jones index recently reversed down strongly from the major resistance level 35550.00, which reversed the price multiple times from the start of 2022. The resistance level 35550.00 was strengthened by the upper daily and weekly Bollinger Bands. Given […]
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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…