Exports rose from February but imports fell. NZ posted a trade surplus for March.
NZD/USD is little changed. While the jump in exports is welcome the dip for imports points to an economy struggling with high rates.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source link
Jibun Bank Services PMI May Final: 53.8 prior 53.6 Composite 52.6 prior 52.4 more to come Earlier this week: Japan…
The oil market has been in a tough spot. The macro is deteriorating and hopes for Chinese stimulus are fading.…
Hedge funds have been safeguarding against a global economic slowdown via commodity shorts in all likelihood. Bloomberg data showed a…