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New Zealand Current Account QoQ

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New Zealand Current Account QoQ

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Delivery Method

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Status

 
Latest Release
Sep 17, 2024
Actual
-4.83B
Forecast
-3.95B
Previous
-4.36B
The Current Account Balance calculates the difference in value between exported and imported goods, services and interest payments over the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must use NZD to buy the nation's exports, the data can have a sizable impact on the NZD.

A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Current Account QoQ
 
Release Date Time Actual Forecast Previous
Sep 17, 2024 (Q2) 22:45 -4.83B -3.95B -4.36B
Jun 18, 2024 (Q1) 22:45 -4.36B -4.69B -7.84B
Mar 19, 2024 (Q4) 21:45 -7.84B -7.79B -11.47B
Dec 12, 2023 (Q3) 21:45 -11.47B -10.85B -4.65B
Sep 19, 2023 (Q2) 22:45 -4.21B -4.80B -5.22B
Jun 13, 2023 (Q1) 22:45 -5.22B -6.90B -10.07B

News

Forex - Dollar Broadly Lower With All Eyes On Fed
Forex - Dollar Broadly Lower With All Eyes On Fed By Investing.com - Sep 20, 2017

Investing.com - The dollar remained broadly lower on Wednesday, as investors awaited the Federal Reserve's highly-anticipated monetary policy statement due later in the day. Later Wednesday, the U.S....

Forex - Dollar Remains on the Downside with Fed in Focus
Forex - Dollar Remains on the Downside with Fed in Focus By Investing.com - Sep 20, 2017

Investing.com - The dollar remained broadly lower on Wednesday, as investors awaited the Federal Reserve's highly-anticipated monetary policy statement due later in the day. Sentiment on the...

Forex - Dollar Index Slips Lower with Eyes on Fed Decision
Forex - Dollar Index Slips Lower with Eyes on Fed Decision By Investing.com - Sep 20, 2017

Investing.com - The dollar slipped lower against other major counterparts on Wednesday, as investors remained cautious ahead of the Federal Reserve's policy statement due later in the day and amid...

Analysis

Kathy Lien
Has The Fed Doomed The Dollar?   By Kathy Lien - Jun 24, 2019 1

Last week marked a significant turning point for the US dollar. For the first time since Jerome Powell became chair of the Federal Reserve, the central bank is thinking about easing. The US dollar was...

Kathy Lien
SNB, Brexit And Trade Wars Hit FX By Kathy Lien - Sep 19, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Brexit and trade headlines took currencies on a rollercoaster ride on Wednesday. At the start of the NY session, GBP/USD dropped...

Current Account (QoQ) Discussion

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