TGFNZ (TG For New Zealand)
2130GMT - BusinessNZ manufacturing PMI for January
- prior 54.5. This was a 13-month low. yep, Strong expansion reading but a low for more than a year ... that's why NZ is the rock star economy
- Yesterday the finance minister spoke, pointing out that the big risks for NZ are external
2145GMT - Q4 Retail Sales (exl. inflation) data from Stats New Zealand
- expected +1.0% q/q, prior +0.9%
- On that 'prior'. it followed a strong +2.2% in Q2 and was +5.3% y/y! Strong gains.
And that's it for the eco calendar in Asia today.
