Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is high.
There is no forecast value for Employment Change yet - check back for updates.
The most recent announced value for Employment Change was -0.5% against a forecast of -0.4%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.42B | $6.84B | ||
Imports | Bearish change | $6.85B | $6.62B | ||
Trade Balance NZD (YoY) | Bullish change | $-8.26B | $-7.67B | ||
Consumer Price Index (QoQ) | Bearish change | 0.6% | 0.5% | ||
Consumer Price Index (YoY) | (no change) | 2.2% | 2.2% | ||
Business NZ PSI | Bearish change | 49.5 | 47.9 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |