A composite indicator based on the diffusion indices for production, new orders, deliveries, inventories, and employment, the Business NZ Performance of Manufacturing Index (PMI) measures the performance of manufacturing in New Zealand. A value above 50 indicates that the manufacturing sector has increased in comparison to the previous month, a rating below 50 indicates that the manufacturing sector has declined, and a value of 50 shows that there has been no change.
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.
Source:
Business New Zealand
Category:
Manufacturing PMI
Units:
Points
Details
Impact
Medium
Country
Currency
NZD
Latest Release
Previous
62.2
Consensus
51
Actual
40.1
Next Release
Date
Oct 14, 18:30
Time left
23 days
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 |
|
|
1.0334 -7 pips |
1.0476 -135 pips |
1.03415 | |
| EURNZD |
|
|
1.6668 -48 pips |
1.6838 -122 pips |
1.67156 | |
| NZDCAD |
|
|
0.8906 -72 pips |
0.8995 -17 pips |
0.89776 | |
| NZDJPY |
|
|
75.6012 -127 pips |
77.6178 -74 pips |
76.873 | |
| NZDUSD |
|
|
0.6863 -154 pips |
0.7074 -57 pips |
0.7017 | |
| GBPNZD |
|
|
1.9377 -91 pips |
1.9672 -204 pips |
1.94682 | |
| NZDCHF |
|
|
0.6428 -82 pips |
0.6564 -54 pips |
0.65096 |
