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HiFX Data Update - NZ Business Confidence
HiFX Data Update - NZ Business Confidence
The ANZ
Business Confidence & Own Activity figures for August have
just been released. They came in worse than expected
overall.
The Business Confidence fell sharply compared with the previous quarter:
-29.1% versus -15.3% in July
The Business Own Activity numbers also dropped compared with the previous quarter:
+12.2% versus 19.0% in July
The NZD is lower in immediate response.
Current indicative levels are:
NZDUSD 0.6420 / 0.6445
NZDAUD
0.8985 / 0.9010
NZDEUR 0.5715 / 0.5740
NZDGBP
0.4155 / 0.4180
NZDJPY 77.75 / 78.00
ends
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