Challenges
X
Budget Release
Most recent - Thursday 18 May 2023 02:00
Next event - Thursday 16 May 2024 02:00
The typical/expected impact on NZD pairs is high.
Trading range
Past events
Date
Thursday 18 May 2023 02:00
Thursday 19 May 2022 02:00
Thursday 20 May 2021 02:00
Economic context
Recent economic data has been strongly bearish for NZD. The following recent announcements may affect the market reaction to Budget Release:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bearish change | 15.9% | -0.2% | ||
| Employment Change | Bearish change | 0.4% | -0.2% | ||
| Labour Cost Index (QoQ) | Bearish change | 1% | 0.8% | ||
| Participation Rate | Bearish change | 71.9% | 71.5% | ||
| Unemployment Rate | Bearish change | 4% | 4.3% | ||
| Exports | Bullish change | $5.79B | $6.5B | ||
| Imports | Bearish change | $6.1B | $5.91B | ||
| Trade Balance NZD (YoY) | Bullish change | $-12.06B | $-9.87B |
About Budget Release
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | |
| Category: | Politics |
| Frequency: | Irregular |
Related events
| Australia | Budget Release | ||
| Spain | Parliamentary Election | ||
| United States | President Biden speech | ||
| Australia | Mid-Year Economic and Fiscal Outlook | ||
| Switzerland | World Economic Forum - Davos | ||
| Eurozone | G20 Meeting | ||
| Eurozone | EcoFin Meeting | ||
| Eurozone | EU leaders summit | ||
| Eurozone | Eurogroup Meeting | ||
| Eurozone | European Commission releases Economic Growth Forecasts | ||
| United Kingdom | Budget Report | ||
| United Kingdom | Autumn Forecast Statement | ||
| United States | IMF Meeting | ||
| United States | Monthly Budget Statement |