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HiFX Data Update - NZ Business Confidence
HiFX Data Update - NZ Business Confidence
The ANZ Business Confidence & Own Activity figures for July have just been released. They came in worse than expected overall.
The Business Confidence fell sharply compared with the previous quarter:
-15.% versus -2.3% in June
The Business Own Activity numbers also dropped compared with the previous quarter:
+19.0% versus 23.6% in June
The NZD is lower in immediate response.
Current indicative levels are:
NZDUSD 0.6575 / 0.6600
NZDAUD 0.9015 /
0.9040
NZDEUR 0.6010 / 0.6035
NZDGBP
0.4210 / 0.4235
NZDJPY 81.60 /
81.85
ends
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