2245GMT – April Building Consents (also known as Building Permits) % m/m,

  • expected is -3.5%,
  • prior was +8.3%, which showed the trend for new dwellings almost doubled since March 2011

0300GMT – M3 money supply for April: prior was +5.0% y/y

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The NZD has had a tough week, lagging well behind the currency on the West Island.

I’ll be back with the NZD orderboard soon.