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New Zealand Services NZ PSI
It is calculated by combining the diffusion indexes for sales, new orders, deliveries, inventories, and employment to produce the Business NZ Performance of Services Index (PSI). A value above 50 indicates that the Services sector has increased in comparison to the previous month, a reading below 50 indicates that the sector has declined, and a reading of 50 shows that there has been no change in the Services sector.
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 |
|
|
1.0830 -62 pips |
1.0948 -56 pips |
1.08919 | |
| EURNZD |
|
|
1.8533 -426 pips |
1.9148 -189 pips |
1.89587 | |
| NZDCAD |
|
|
0.8098 -120 pips |
0.8313 -95 pips |
0.82185 | |
| NZDJPY |
|
|
84.4309 -136 pips |
87.4116 -163 pips |
85.786 | |
| NZDUSD |
|
|
0.5798 -79 pips |
0.6021 -144 pips |
0.58765 | |
| GBPNZD |
|
|
2.2101 -484 pips |
2.1354 +1231 pips |
2.25854 | |
| NZDCHF |
|
|
0.4938 +6 pips |
0.5106 -174 pips |
0.49320 |
News (NZD)
New Zealand Manufacturing PMI Accelerates In April - BusinessNZ
The manufacturing sector in New Zealand continued to expand in April, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.9.
RTTNews | 18h 51min ago
New Zealand Building Consents Climb 9.6% In March
The total number of building permits issued in New Zealand was up a seasonally adjusted 9.6 percent on month in March, Statistics New Zealand said on Friday - up sharply from the 0.7 percent increase in February.
RTTNews | 14 days ago
New Zealand Trade Surplus Tops Expectations
New Zealand's trade surplus increased more than expected in March to the highest level since the coronavirus pandemic in 2020 as exports to China and the US logged double-digit growth, official data revealed on Tuesday. The trade surplus rose sharply to NZ$970 million from NZ$392 million in February, Stats NZ said. This was the highest surplus since May 2020.
RTTNews | 24 days ago
