Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Employment Change was -0.5% against a forecast of -0.4%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
Previous | Latest | ||||
---|---|---|---|---|---|
Building Permits s.a. (MoM) | Bearish change | 2.4% | -5.2% | ||
RBNZ Interest Rate Decision | Bearish change | 4.75% | 4.25% | ||
Exports | Bullish change | $4.91B | $5.77B | ||
Imports | Bullish change | $7.06B | $7.31B | ||
Trade Balance NZD (YoY) | Bullish change | $-9.15B | $-8.96B | ||
Retail Sales (QoQ) | Bullish change | -1.2% | -0.1% | ||
Retail Sales ex Autos (QoQ) | Bullish change | -1% | -0.8% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |