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 0.2% against a forecast of 0.3%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports | Bearish change | $8.65B | $8.09B | ||
| Imports | Bearish change | $8.08B | $8.07B | ||
| Trade Balance NZD (YoY) | Bearish change | $-3.61B | $-3.74B | ||
| Business NZ PSI | Bullish change | 48 | 50.6 | ||
| Business NZ PMI | Bullish change | 51.3 | 59.7 | ||
| RBNZ Interest Rate Decision | Bullish change | 2.25% | 2.5% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |