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New Zealand Business NZ Purchasing Managers Index (PMI)

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New Zealand Business NZ Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Aug 10, 2017
Actual
55.4
Previous
56.2
The Business NZ Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion; a reading below 50 indicates contraction. It gives an indication about the health of the manufacturing section and production growth in New Zealand.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Business NZ
New Zealand Business NZ Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Aug 10, 2017 (Jul) 23:30 55.4   56.2
Jul 13, 2017 (Jun) 23:30 56.2   58.5
Jun 15, 2017 (May) 23:30 58.5   56.8
May 11, 2017 (Apr) 23:30 56.8   57.8
Apr 12, 2017 (Mar) 22:30 57.8   55.2
Mar 16, 2017 (Feb) 22:30 55.2   51.6

News

Forex - Dollar trims losses but U.S. data still weighs
Forex - Dollar trims losses but U.S. data still weighs By Investing.com - Aug 11, 2017

Investing.com - The dollar trimmed losses against the other major currencies on Friday, but it remained under pressure as the release of disappointing U.S. inflation data dampened expectations for an ...

Analysis

Kathy Lien
USD Needs More Than Just A Strong CPI By Kathy Lien - Aug 10, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The most important event risk for the U.S. dollar this week is Friday’s inflation report. But consumer prices alone ...

Kathy Lien
3 Reasons USD Crashed On FOMC By Kathy Lien - Jul 26, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Federal Reserve did exactly what the market anticipated but unfortunately that was not enough. The U.S. dollar sold off ...

Business NZ PMI Discussion

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