GBP to NZD Exchange Rate

Upcoming Events for GBP and NZD

		Event	Prev.	Cons.
1d Low	NZD	Services NZ PSI (Apr)	47.5	49.1
1d Low	NZD	Composite NZ PCI (Apr)	46.8	48.7
1d Low	NZD	Food Inflation YoY (Apr)	0.7%	1%
1d Low	NZD	Business Inflation Expectations (Q2)	2.5%	2%
1d Med	GBP	Myfxbook GBPUSD Sentiment	32%
1d Med	NZD	Myfxbook NZDUSD Sentiment	20%
2d Low	NZD	Electronic Retail Card Spending MoM (Apr)	-0.7%	1%
2d Low	NZD	Electronic Retail Card Spending YoY (Apr)	-3%	-3.2%
2d Low	NZD	Visitor Arrivals YoY (Mar)	35%	40%
2d Med	GBP	Average Earnings incl. Bonus (3Mo/Yr) (Mar)	5.6%	5.3%

BOE and RBNZ Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United Kingdom	Bank of England	5.25%	5.25%	39 days
New Zealand	Reserve Bank of New Zealand	5.5%	5.5%	10 days

The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household spending. Gross domestic product grew 0.6 percent from the fourth quarter, when the economy shrunk 0.3 percent, preliminary estimates from the Office for National Statistics showed.

RTTNews | 1 day ago

New Zealand Manufacturing Index Improves In April - BusinessNZ

The manufacturing sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a score of 48.9.

RTTNews | 1 day ago

Bank Of England Moves Closer To Rate Cut

The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008.

RTTNews | 2 days ago

UK Halifax House Prices Edge Up In April

UK house prices rose only marginally in April as rising interest rate expectations weighed on the property market, data published by the mortgage lender Halifax showed on Tuesday. House prices posted a monthly increase of 0.1 percent in April, which was weaker than the expected 0.2 percent growth. However, this was in contrast to the 0.9 percent fall in March.

RTTNews | 4 days ago