OctaFX | OctaFX Forex Broker
Open trading account
Back

NZ: Consumer confidence picked up in December - Westpac

Satish Ranchhod, senior economist at Westpac, notes that New Zealand’s consumer confidence picked up again as it printed 5.6 points to 109.1 in December, shaking off its mid-year slump.

Key Quotes

“With fuel prices down and signs the housing market is firming, households are in the mood to spend heading into the Christmas shopping season. That’s been reinforced by the low level of borrowing rates.”

“December’s gains in confidence have been widespread across regions, age brackets and income groups.”

NZ: Q3 annual current account deficit widened to 3.6% of GDP - ANZ

Analysts at ANZ point out that New Zealand’s annual current account deficit widened in Q3 to 3.6% of GDP, around its historical average, owing largely
Read more Previous

GBP/USD rising slowly towards 1.2700, but Brexit remains a roadblock

GBP/USD is continuing to drift higher, tapping into 1.2670 in early Wednesday action thanks to a softening US Dollar, but broader market sentiment rem
Read more Next
Start livechat