ANZ Consumer Confidence Index for July: -5.0% m/m

  • prior was -3.2%

  • Another big fall
  • Lowest now for nearly 3 years

NZD/USD lower again, below earlier lows this morning

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Earlier from NZ today:

  • Another dairy payout forecast cut - this time from BNZ
  • NZD/USD - Westpac lowers its forecast for Fonterra milk payout
  • New Zealand - ANZ expect a lowered dairy payout again, under $4