New Zealand Westpac Consumer Confidence
The Westpac McDermott Miller Consumer Confidence Index, which is issued on a quarterly basis in New Zealand, measures the amount of confidence that consumers have in the country's economic performance. When people answer five internationally standardized questions about their own financial circumstances, national economic expectations, and attitudes toward big purchases in percentage form, the Consumer Confidence Index is computed. It is the sum of 100 plus the average of the difference between positive and negative replies given in the survey. A number greater than 100 indicates greater optimism than pessimism, whilst a number lower than 100 indicates greater pessimism.
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 |
|
|
1.1010 -89 pips |
1.1052 +47 pips |
1.10986 | |
| EURNZD |
|
|
1.9152 -676 pips |
1.9848 -20 pips |
1.98284 | |
| NZDCAD |
|
|
0.8080 -10 pips |
0.8198 -108 pips |
0.80901 | |
| NZDJPY |
|
|
85.6714 -82 pips |
87.6778 -119 pips |
86.492 | |
| NZDUSD |
|
|
0.5847 -35 pips |
0.5990 -108 pips |
0.58820 | |
| GBPNZD |
|
|
2.2590 -353 pips |
2.2201 +742 pips |
2.29433 | |
| NZDCHF |
|
|
0.4778 +57 pips |
0.4960 -239 pips |
0.47208 |
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 | 4 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 | 8 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 | 8 days ago
