A less busy day on the economic data front to round out the week today
2230GMT - New Zealand - BusinessNZ Manufacturing PMI for August, prior was 53.5
2245GMT - New Zealand - Food Price Index for August, prior was +0.6%
Has anyone got anything left in the tank after yesterday's NZ action?
- More from RBNZ Wheeler
- RBNZ's Wheeler: Would like to see core inflation higher
- NZ house price surge ... still on. Sales +41.7% y/y, prices +10.7% y/y
- RBNZ - more (again) analyst responses
- RBNZ - more analyst responses
- RBNZ - analyst responses
- RBNZ Governor Wheeler press conference
- RBNZ: Cuts rates by 25bp, as expected
- NZ - Fonterra says evidence farmers are cutting supply
On the kiwi $ ... we got a good short-cover bounce in the UK timezone and consolidation during the US. I guess its time to look at Chinese shares again for the next 'on/off' signal.
Resistance above 0.6330, and support 0.6260/70:
