Ryan posted up a good analysis of the NZD – here: New Zealand Q2 retail sales the risk event for the kiwi tonight
There are two economic data points coming up soon from NZ today:
- BusinessNZ manufacturing PMI for July, prior was 53.3
- and Core Retail Sales (measures the change in the total value of inflation-adjusted sales at the retail level in New Zealand, excluding automobiles and gas stations) for Q2, Bloomberg median expected is +1.0%, prior was +0.7%
