NZ GDP sa (QoQ) Q3: 14.0% (exp 12.9%; prev -12.2%)

New Zealand GDP SA (Q/Q) Q3: 14.0% (exp 12.9%; prev -12.2%) - GDP (Y/Y) Q3: 0.4% (exp -1.8%; prev -12.4%).

  • 2 - NZ Q3 S/ADJ PRODUCTION BASED GDP +14.0 PCT ON PVS QUARTER (REUTERS POLL +13.5 PCT)
  • 16-Dec-2020 15:45:02 - NZ Q3 S/ADJ PRODUCTION BASED GDP +0.4 PCT ON SAME QTR YEAR AGO (REUTERS POLL -1.3 PCT)
  • 16-Dec-2020 15:45:02 - NZ ANNUAL AVERAGE PROD-BASED GDP -2.2 PCT IN THIRD QTR VS YEAR AGO (REUTERS POLL -3.0 PCT)
  • 16-Dec-2020 15:45:02 - NZ Q3 S/ADJ EXPENDITURE-BASED GDP +15.6 PCT ON PVS QUARTER (REUTERS POLL +12.5 PCT)

More to come....

New Zealand Gross Domestic Product (YoY) above expectations (-1.3%) in 3Q: Actual (0.4%)

New Zealand Gross Domestic Product (YoY) above expectations (-1.3%) in 3Q: Actual (0.4%)
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NZD/USD Price Analysis: Bears waiting for confirmation of institutional profit taking

NZD displays an asymmetric net-long positioning (according to CFTC data). It was the lowest percentage gain in net positions at +0.8% for the week end
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