NZ Economy: August trade balance +NZD870 million YoY
(Edit: The MoM figures were a fall of -NZD437 million). The NZD/USD is unchanged at .7390 on this slightly higher than expected trade balance.
(Edit: The MoM figures were a fall of -NZD437 million). The NZD/USD is unchanged at .7390 on this slightly higher than expected trade balance.
5 Responses to “NZ Economy: August trade balance +NZD870 million YoY”
FXstreet http://www.fxstreet.com/fundamental/economic-calendar/ stipulates -437M. What is the reality ?
Trying to figure out whether Beijing is cooling or stimulating the economy has never been easy, but it’s about to get a lot trickier.
http://blogs.wsj.com/chinarealtime/2010/09/28/mystery-surrounds-china-loan-quotas/?mod=rss_WSJBlog&mod=chinablog
Sean is your figure right for nzd? The calendar is saying -437M
Thanks Annie, I only reported the YoY number and didn’t even state that I was doing so. I’ve updated the post and thanks again for keeping me honest.
No problem Sean. Your welcome. But Joan caught it first