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HiFX Data Update - NZ Q3 Retail Sales Release
NZ Retail Sales for Q3 have just been released.
They came in weaker than expected.
Real Retail Sales on Qtr +0.0% (Consensus +1.0%)
Actual retail sales rose 2.7% versus the 12 months ago.
The NZD is lower in immediate response.
Current indicative levels are:
NZDUSD 0.6750 / 0.6775
NZDAUD 0.9340 /
0.9365
NZDEUR 0.5950 / 0.5975
NZDGBP
0.5260 / 0.5285
NZD-PY 76.25 / 76.50
ends
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