Last week we got the manufacturing PMI, will fell heavily in December.
The services PMI, though, its down but only by a little
- Comes in at 56.0 from its previous 56.4
BNZ - BusinessNZ Performance of Services Index (PSI)
While this indicator does not tend to have too much of an immediate impact on FX today there were expectations of a weak result, so the small drop is not too bad at all. NZD is up a few tics. (ps. as posted earlier in my 'preview': Economic calendar due from Asia today - BOJ policy announcement the focus)
