NZ data – business confidence -28.5 (prior -41.8)

News

Products You May Like

New Zealand ANZ business survey for September

Business Confidence -28.5 

  • preliminary was -26.0 vs. prior -41.8

Activity Outlook -5.4

  • preliminary was -9.9 vs. prior -17.5

ANZ comments (main points)

  • Activity indicators in the ANZ Business Outlook survey lifted a little further from their early-September preliminary reads. 
  • Headline business confidence, at -28.5%, was a smidgen lower than the early-month read, but own activity was higher, at -5.4%. Investment and employment intentions and profit expectations also crept higher. 
  • Agriculture and construction are the most optimistic sectors; services and retail the least.

 more to come  
For bank trade ideas, check out eFX Plus

Products You May Like

Articles You May Like

2 Step Supply & Demand Trading Strategy (That Actually Works)
The Ultimate Beginners Guide To FOREX!
The Trading Institute -india’s best financial school. #be_a_skilled_investor
Using ChatGPT to turn $100 into $10,000 Day Trading 📈 DAY 36

Leave a Reply

Your email address will not be published. Required fields are marked *