ANZ Business Confidence (New Zealand) - Economic Calendar - FX Leaders

Home / Economic Calendar / ANZ Business Confidence (New Zealand)

Economic Calendar
Business Confidence in New Zealand

ANZ Business Confidence (New Zealand)

Business Confidence Resumes the Deteriorating Trend

Starts Thursday, March 28, 2019 at 00:00
Updated Monday, March 25, 2019
EVENT ENDED
The business confidence in New Zealand started turning negative at the end of 2017 and the trend deteriorated further last year when it declined to -50.3 points in August. The current global trade tariffs and other major events have deteriorated the global business sentiment which has affected New Zealand. Although business confidence improved in the last several months of 2018, but it still closed the year negative at -24.1 point as December's report showed. But, in February we saw another deterioration as this indicator fell to -30.9 points again. Please follow us for live coverage of this event by experienced market analysts. 

<% indicator.indicator_name %>
<% indicator.indicator_value %>
<% ssp.ssp_posted_at |date:"HH:mm" %>
RELATED PAIRS
About ANZ Business Confidence (New Zealand)
This is a diffusion index which takes into account surveyed manufacturers, builders, retailers, agricultural firms, and service providers. It is a broad measure of the New Zealand economy since it takes into account all the sectors and the insight from the managers is probably the best you van get about any economy since they hold the best knowledge of economic trends in their sectors/industries.
It is released on a monthly basis at the end of the current month, which makes it a pretty up to date indicator. Above 0.0 indicates optimism, below indicates pessimism.
Comments

Leave a Reply

avatar
  Subscribe  
Notify of
OLD EVENTS
<% item.item_scheduled_at | date:'EEEE, d MMMM, yyyy' %>
EVENT ENDED

<% item.item_title %>

Posted by <% item.author.display_name %>

<% indicator.indicator_name %>
<% indicator.indicator_value %>
Related Pairs
<% ssp.ssp_posted_at | date:"HH:mm" %>