New Zealand Labour Costs Index YoY
The change in labor expenses is measured by the Labor Cost Index. The index includes base salary and regular-time pay rates, as well as nonwage labor-related costs like as annual leave and statutory holidays, superannuation, ACC employer payments, medical insurance, private motor vehicles, and low-interest loans.
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 |
|
|
1.1032 -136 pips |
1.1061 +107 pips |
1.11682 | |
| EURNZD |
|
|
1.8941 -751 pips |
1.9762 -70 pips |
1.96924 | |
| NZDCAD |
|
|
0.8188 -52 pips |
0.8287 -47 pips |
0.82397 | |
| NZDJPY |
|
|
86.9212 -96 pips |
88.8897 -100 pips |
87.885 | |
| NZDUSD |
|
|
0.5890 -64 pips |
0.6017 -63 pips |
0.59537 | |
| GBPNZD |
|
|
2.2497 -266 pips |
2.2393 +370 pips |
2.27632 | |
| NZDCHF |
|
|
0.4758 +15 pips |
0.4999 -256 pips |
0.47428 |
News (NZD)
New Zealand Services Index Slumps In August - BusinessNZ
The services sector in New Zealand continued to contract in August, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.
RTTNews | 1h 41min ago
New Zealand Manufacturing Index Slips Into Contraction - BusinessNZ
The manufacturing sector in New Zealand dropped into contraction territory in August, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.
RTTNews | 3 days ago
New Zealand Building Consents Climb 5.4% In July
The total number of building permits issued in New Zealand was up a seasonally adjusted 5.4 percent on month in July, Statistics New Zealand said on Monday - coming in at 3,252.
RTTNews | 14 days ago
