New Zealand Q4 GDP and Australian Employment data both coming up
2145 – NZ Q4 GDP
– For the q/q, expected is +0.7%, prior +0.9%
– For the y/y expected is +2.1%and prior was +2.3%
NZD has caught a bid in the wake of the , it should remain supported if the GDP doesn’t disappoint, but if it does then it’ll get us chattering again about RBNZ rate cuts and the woes of the dairy industry.
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