According to the latest data released by Statistics New Zealand on Friday, the nation’s Trade Balance (NZD) dropped to $-2,291M MoM in August versus $
-1,107M prior. The annual trade deficit improved to $15.54B for the said month versus $-15.88B prior figures.
Further details suggest that Exports eased to $4.99B during the said month versus $5.38B prior whereas Imports improves to $7.28B compared to $6.55B in previous readings.Share:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cross margin and isolated margin in crypto trading, explainedCross margin uses whole balance, and isolated margin allocates specific collateral for each trade, encouraging diversification.
Read more »
NZD/USD recovers its losses above 0.5930 following stronger New Zealand GDP dataThe NZD/USD pair recovers its recent losses around 0.5937 during the early Asian session on Thursday. The US Dollar Index (DXY) rose to 105.44 after r
Read more »
New Zealand rattled by magnitude 5.6 quake but no immediate reports of major damage or injuriesNew Zealand has been rattled by a magnitude 5.6 earthquake but there are no immediate reports of major damage or injuries. The quake struck in the central South Island about 124 kilometers (77 miles) west of Christchurch, according to the U.S.
Read more »
New Zealand rattled by magnitude 5.6 quake but no immediate reports of major damage or injuriesNew Zealand has been rattled by a magnitude 5.6 earthquake but there are no immediate reports of major damage or injuries
Read more »
New Zealand rattled by magnitude 5.6 quake but no immediate reports of major damage or injuriesNew Zealand has been rattled by a magnitude 5.6 earthquake but there are no immediate reports of major damage or injuries
Read more »