New Zealand Balance of Trade
For its economic well-being, New Zealand is heavily reliant on international trade. New Zealand's economy has always been built on the premise of exports from its highly efficient agriculture sector, which includes dairy goods, beef, forest products, fruit, and beverages, among other things. Vehicles, machinery, and equipment, as well as petroleum, electronics, plastics, and airplanes, are the most common imports into New Zealand. China, Australia, the United States, Japan, and South Korea are the country's primary trading partners.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.0888 -119 pips |
1.1000 +7 pips |
1.10072 | |
| EURNZD |
|
|
1.7768 -116 pips |
1.7982 -98 pips |
1.78840 | |
| NZDCAD |
|
|
0.8175 -56 pips |
0.8263 -32 pips |
0.82308 | |
| NZDJPY |
|
|
90.9529 -160 pips |
92.8033 -25 pips |
92.550 | |
| NZDUSD |
|
|
0.5971 -47 pips |
0.6121 -103 pips |
0.60184 | |
| GBPNZD |
|
|
2.0723 -165 pips |
2.0945 -57 pips |
2.08880 | |
| NZDCHF |
|
|
0.5387 -63 pips |
0.5508 -58 pips |
0.54499 |
News (NZD)
New Zealand Building Consents Ease 0.2% In March
The total number of building permits issued in New Zealand was down a seasonally adjusted 0.2 percent on month in March, Statistics New Zealand said on Thursday - coming in at 2,931.
RTTNews | 4 days ago
New Zealand Jobless Rate Rises To 4.3% In Q1
The unemployment rate in New Zealand came in at a seasonally adjusted 4.3 percent in the first quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews | 5 days ago
New Zealand Inflation Gains 0.6% On Quarter In Q1
Consumer prices in New Zealand were up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews | 19 days ago
