PSI
The June PSI data is "more worrying from a growth perspective" and may bring into question the basis to an upside option for the RBNZ and its policy interest rate
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The June PSI data is "more worrying from a growth perspective" and may bring into question the basis to an upside option for the RBNZ and its policy interest rate
Back to the future: service sector now up to where it was in 2007, just before the GFC, bolstering overall economic growth
3
Back to the future: service sector now up to where it was in 2007, just before the GFC, bolstering overall economic growth
NZD pushes up to 96.48 AUc, a new record post-float high, on strong NZ retail sales data for December quarter. PSI also higher
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NZD pushes up to 96.48 AUc, a new record post-float high, on strong NZ retail sales data for December quarter. PSI also higher
BusinessDesk: Services sector picks up pace in April, led by new orders
BusinessDesk: Services sector picks up pace in April, led by new orders
BusinessDesk: Consumer confidence barely better and still weak in Westpac survey; consumers remain very cautious
BusinessDesk: Consumer confidence barely better and still weak in Westpac survey; consumers remain very cautious
BusinessDesk: Service sector expands on positive employment signs, retail trade
BusinessDesk: Service sector expands on positive employment signs, retail trade
BusinessDesk: NZ services sector growth slowed in December, though employment still strong
BusinessDesk: NZ services sector growth slowed in December, though employment still strong
Currencies were relatively range-bound over the past 24-hours. The USD was a little stronger, with the AUD and NZD the weakest performers.
Currencies were relatively range-bound over the past 24-hours. The USD was a little stronger, with the AUD and NZD the weakest performers.
BusinessDesk: NZ services sector activity expands in November on new orders, sales
BusinessDesk: NZ services sector activity expands in November on new orders, sales
BusinessDesk: NZ services sector narrowly avoids contract, PSI shows
BusinessDesk: Although the overall service sector is expanding, Otago/Southland hits a record low
BusinessDesk: Although the overall service sector is expanding, Otago/Southland hits a record low
NZ yields expected to be under pressure to rise; Berlusconi lives to "bunga" again
NZ yields expected to be under pressure to rise; Berlusconi lives to "bunga" again
BusinessDesk: NZ service sector expands for seventh month in August
BusinessDesk: NZ service sector expands for seventh month in August
Economy had momentum before last week's volatility, meaning NZ might just fumble through current global mess, BNZ's Toplis says
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Economy had momentum before last week's volatility, meaning NZ might just fumble through current global mess, BNZ's Toplis says
NZ$ buffeted by views on commodity price direction. Weak US data undermines its "safe haven" role
NZ$ buffeted by views on commodity price direction. Weak US data undermines its "safe haven" role