New Zealand card retail sales +0.7% m/m in August (prior +0.2%)

New Zealand card retail sales +0.7% m/m in August

• prior +0.2%

+0.9% y/y

• prior +1.7%

NZD/USD is not doing a lot, maybe a tic or so lower. It rallied hard after the US CPI data locked in a September Federal Open Market Committee (FOMC) rate cut:

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