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

Started by forex4you, Feb 22, 2023, 04:20 am

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

<p>Exports down m/m and imports up m/m, ballooning out the trade deficit compared with December. </p><p class="western" align="left">
snapshot from the ForexLive <a href="" class="terms__main-term" id="ed1b62b3-5e5b-4a70-82dc-4a13e98beda8" target="_blank">economic data</a> calendar, <a href="">access
it here</a>.</p><p class="western" align="left">NZD/USD is barely moved on the data, the focus is on the upcoming Reserve Bank of New Zealand policy decision:</p><p class="text-align-start vertical-align-baseline">due at 0100 GMT, which is 8pm US Eastern time. Previews:</p><ul><li><a href="" rel="follow" target="_self" class="article-link">RBNZ Shadow Board recommend +50bp interest rate hike this week at monetary policy meeting</a></li></ul><ul><li><a href="" rel="follow" target="_self" class="article-link vertical-align-baseline">NZ Treasury says cyclone reconstruction will boost economic activity, RBNZ implications</a></li></ul><ul><li><a href="" rel="follow" target="_self" class="article-link">RBNZ meet this week - flooding, cyclone events bolster the case for a pause</a></li></ul><ul><li><a href="" rel="follow" target="_self" class="article-link">Reserve Bank of New Zealand policy decision due mid-week. Preview & NZD implications.</a></li></ul><ul class="text-align-start vertical-align-baseline"><li><a href="" rel="follow" target="_blank" class="article-link" data-article-link="true">Reserve Bank of New Zealand rate decision on Wednesday. What levels are in play for NZDUSD</a></li></ul>

                This article was written by Eamonn Sheridan at

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