New Zealand Electronic Retail Card Spending MoM
Electronic Retail Card Spending calculates the credit card purchases by consumers in New Zealand on consumables, durables, hospitality, the apparel industry, motor vehicles, and fuel. Transactions involving debit, credit, and charge cards with retailers located in New Zealand are covered by the electronic card transactions series. Indicators of changes in consumer spending and economic activity can be derived from this indicator.
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 |
|
|
1.0996 -87 pips |
1.1056 +27 pips |
1.10830 | |
| EURNZD |
|
|
1.9089 -708 pips |
1.9834 -37 pips |
1.97973 | |
| NZDCAD |
|
|
0.8085 -13 pips |
0.8213 -115 pips |
0.80980 | |
| NZDJPY |
|
|
85.8851 -70 pips |
87.9920 -141 pips |
86.581 | |
| NZDUSD |
|
|
0.5854 -40 pips |
0.6007 -113 pips |
0.58943 | |
| GBPNZD |
|
|
2.2446 -440 pips |
2.2490 +396 pips |
2.28857 | |
| NZDCHF |
|
|
0.4771 +53 pips |
0.4978 -260 pips |
0.47182 |
News (NZD)
New Zealand Retail Sales Climb 0.5% In Q2
The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
RTTNews | 5 days ago
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
RTTNews | 9 days ago
New Zealand Hints At More Interest Rate Cuts
The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.
RTTNews | 9 days ago
