fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Weekly Outlook for Nzd Mon Sep 17, 2012 10:59 am | |
| Weekly Outlook for Nzd Quotes from Barclays Capital: -While the RBNZ stayed on hold last week, maintaining a constructive view of NZ economy, local data, especially Q2 unemployment data, have been rather soft lately. We expect NZ Q2 GDP (Thursday) will be a local risk event for NZD this week, especially for AUD/NZD-cross, which has been sensitive to relative economic data surprises between Australia and NZ. We are in line with consensus looking for 0.4% q/q (cf. 0.4%). | |
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