New Zealand economic growth data for the first quarter of 2024 - a growing economy again, NZ exits recession.
+0.2% q/q
- expected +0.1%, prior -0.1%
+0.3% y/y
- expected +0.2%, prior -0.3%
A beat for the q/q and y/y.
NZD/USD popped on the data release:
ADVERTISEMENT - CONTINUE READING BELOW
New Zealand Q1 GDP +0.2% q/q (expected +0.1%)
- New Zealand economic growth data for the first quarter of 2024, yes, GROWTH this time!
ADVERTISEMENT - CONTINUE READING BELOW
- Tags
- NZD
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Gold rises $15 and eyes the weekly high
- USDCHF rotates lower and tests the 100 hour MA. The level will now be a key barometer
- UMich September prelim consumer sentiment 55.4 vs 58.0 expected
- Broader stock indices little changed in early US trading
- The USDCAD found support buyers near swing area and 100 bar MA with a modest bounce
- US equity futures recover to flat ahead of the open
ADVERTISEMENT - CONTINUE READING BELOW
Top Brokers
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Health premiums to surge 15% on drug costs & tariffs. Insurers, drug firms & employers face rising costs.
Washington Post
4m ago
US seizes $584K in Tether from Iranian national linked to drone tech; crypto wallet risks highlighted.
decrypt
6m ago
Core CPI steady, jobless claims jump! Fed likely to hold rates, dashing hopes for a big cut. Inflation still a concern.
Investor's Business Daily
11m ago
Oil prices whipsawed: WTI up 2.28% to $63.79, Brent up 2.40% to $67.96 on Russian supply jitters.
Oilprice
25m ago
TTD plunges 12% on slowing CTV growth & Amazon rivalry; Morgan Stanley downgrade hits valuation.
TipRanks
27m ago
Fed rate cut eyed for housing boost, but affordability remains a hurdle. Sellers hold firm as rates hover.
USA TODAY
30m ago
Consumer sentiment dips amid hiring slowdown & rising inflation. Fed eyes rate cuts as stagflation fears grow.
ABC News
32m ago
investingLive Premium
Gain Access
Join our Community
Access our Telegram Channel
Top Brokers
Sponsored
Must Read
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}