• expected fall $100m
  • The Yearly surplus was NZ$ 1.13bn vs expectation $1.33bn
  • December Exports were on target at NZ$ 3.80bn
  • December Imports were higher than expected at NZ$ 4.05bn vs NZ$ 3.83bn expected
  • December New Housing Consents fell 18.6% against previous month

NZ/USD trades 0.7700 ish , low at 0.7698 and AUD/NZ 1.2855