New Zealand dollar data at 2245GMT: Building Permits

At 2245 we get data from New Zealand, the April Building Permits (referred to as Building Consents) m/m

• Prior was -9.7%
• Expected is +7.7%

We’ve already had a significant move in the NZD on the back of a speech given by Reserve Bank of New Zealand Governor Graeme Wheeler:

Reserve Bank of New Zealand Wheeler: New Zealand dollar significantly overvalued