The typical/expected market impact of this event is low.
The consensus forecast for Trade Balance NZD (MoM) is $-745M. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Trade Balance NZD (MoM) was $52M against a forecast of $30M.
Recent economic data has been strongly bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Trade Balance NZD (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| RBNZ Interest Rate Decision | (no change) | 2.25% | 2.25% | ||
| Producer Price Index - Output (QoQ) | Bearish change | 0.6% | 0.1% | ||
| Business NZ PSI | Bearish change | 51.5 | 50.9 | ||
| RBNZ Inflation Expectations (QoQ) | Bearish change | 2.28% | 2.37% | ||
| Business NZ PMI | Bearish change | 56.1 | 55.2 |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Capital Flows |
| Frequency: | Monthly |
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | Trade Balance CNY | ||
| China | Imports (YoY) CNY | ||
| China | Exports (YoY) CNY | ||
| Germany | Trade Balance s.a. | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports |