A Big Miss for NZ Trade Balance
It has been a poor start to the morning for the good old Kiwi as trade balance data was off the mark.
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Last updated: Tuesday, September 25, 2018
It has been a poor start to the morning for the good old Kiwi as trade balance data was off the mark.
For August we saw -1484 vs -925 expected.
We also have business confidence out later today and of course the RBNZ later this week.
The NZD/USD is in the red now, however, the move lower is only small.
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ABOUT THE AUTHOR
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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