New Zealand January trade balance NZD -1.95bn (prior -636m)

February 21, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Exports down m/m and imports up m/m, ballooning out the trade deficit compared with December.

This
snapshot from the ForexLive economic data calendar, access
it here.

NZD/USD is barely moved on the data, the focus is on the upcoming Reserve Bank of New Zealand policy decision:

due at 0100 GMT, which is 8pm US Eastern time. Previews:

RBNZ Shadow Board recommend +50bp interest rate hike this week at monetary policy meeting

NZ Treasury says cyclone reconstruction will boost economic activity, RBNZ implications

RBNZ meet this week – flooding, cyclone events bolster the case for a pause

Reserve Bank of New Zealand policy decision due mid-week. Preview & NZD implications.

Reserve Bank of New Zealand rate decision on Wednesday. What levels are in play for NZDUSD

This article was written by Eamonn Sheridan at http://www.forexlive.com.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

New Zealand January trade balance NZD -1.95bn (prior -636m)

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