NZDUSD is expected to be the most volatile currency. Ahead of the NZ inflation report, overnight implied vols have jumped by 4.9 vols to 12.25, which is the highest since the June RBNZ rate decision. This implies that NZDUSD ATM break-evens = 34pips(meaning that option traders need to see a move of at least 34pips in either direction in order to realise gains). Interestingly, risk reversals have flipped to positive at 0.1 (albeit relatively neutral), ...
New Zealand's gross domestic product advanced a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, Statistics New Zealand said on Thursday - marking the lowest quarterly growth since Q4 2013. more...
New Zealand's seasonally adjusted current account deficit narrowed to NZ$2.6 billion, NZ$102 million smaller than the June 2018 quarter deficit (NZ$2.7 billion), Statistics New Zealand said on Wednesday. more...
The manufacturing sector in New Zealand continued to expand in November, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 53.5. more...
Consumer confidence in New Zealand lost some steam in July, the latest survey from ANZ revealed on Friday as its index sank 1.3 percent to a score of 118.4. more...
Recent Comments