NZ data was mixed, but the NZD is up 50-odd points from it session low

The mover in Asia today so far has been the New Zealand dollar

(With the AUD along for the ride with it!)

Earlier from NZ we got the biggest monthly trade deficit in … well … ever.

Analysts say not to worry, it'll narrow in coming months. Huh. K then.

NZD dropped a little but came back quickly.

• New Zealand trade balance for August: - 1484m (expected deficit 925m)

Just a few minutes ago we got the much-awaited business confidence results (September), which came in showing a jump from August's 10 year low:

• New Zealand business confidence (September): -38.3 (prior was -50.3)

NZD was marked higher on the survey announcement and has dropped back only small:

Looks like it might have a bit more to run, but I am not getting overly exited on it.