Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Employment Change was 0.5% against a forecast of 0.2%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bullish change | -4.5% | 5.6% | ||
| Westpac Consumer Survey | Bullish change | 80.4 | 89.5 | ||
| Exports | Bearish change | $7.22B | $6.66B | ||
| Imports | Bearish change | $9.33B | $8B | ||
| Trade Balance NZD (YoY) | Bearish change | $-5.4B | $-5.44B |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |