OctaFX | OctaFX Forex Broker
Open trading account

NZ Q4 labor market preview: Unemployment rate expected to remain flat – ANZ

The Australia and New Zealand Banking Group (ANZ) analysts provide a sneak peek at what to expect from New Zealand’s Employment data due for release next week.

Key Quotes:

“We expect the unemployment rate held steady at 4.2% in Q4, supporting a robust household sector despite the sharp slowing in economic momentum over the second half of 2019.

Annual wage inflation is expected to come in unchanged at 2.3%.

The labour market generally lags economic activity. Given the recent improvement in the domestic outlook, the RBNZ is unlikely to be too concerned if key labour market statistics deteriorate a little in Q4.”

Gold expected to average $1558/oz in 2020 - GFMS

The latest Refinitiv GFMS Gold Survey showed on Thursday, global demand for gold fell in the last quarter of 2019 amid reduced demand from investors a
Read more Previous

China’s GDP growth may drop to 5% or even lower in Q1 - Government Economist

China's first-quarter gross domestic product (GDP) growth rate may drop to 5% or even lower due to the coronavirus outbreak, forcing policymakers to i
Read more Next
Start livechat