29 Apr 2014
New Zealand trade balance eyed - BNZ
FXStreet (Bali) - The NZ data week formally kicks off at 22.45GMT, with the merchandise trade figures, expected to come solid, according to BNZ.
Key Quotes
"We’re expecting another solid set of numbers, with exports of $4,981m (13% y/y) and imports of $4,043m (10% y/y) making for a March surplus of $937m."
"This is reasonably close to the various polls and would infer further solid gains in GDP along with ongoing reduction in the current account deficit."
Key Quotes
"We’re expecting another solid set of numbers, with exports of $4,981m (13% y/y) and imports of $4,043m (10% y/y) making for a March surplus of $937m."
"This is reasonably close to the various polls and would infer further solid gains in GDP along with ongoing reduction in the current account deficit."