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beats expectations NZ inflation

beats expectations NZ inflation

The New Zealand economy released for the moment before the CPI data, a strong showing was 0.5% q / q (Express 0.4%) lift a strong jump and inflation 1.8% (eksaposta 1.7%) on the y / y lift, which is New Zealand's predicting the current reserve Above the bank. So it can definitely be durable if the future rate increases the probability of adding weight. However, enajeda economy has created growing uncertainty, the government has not yet finished the negotiations and market uncertainty is not a fan. Although larger pictures, diary auctions may be expected, which it can repeat last week and drop. Dairy market in which it will cause plenty of disruption enajeda dependent economy and generate income through phonetrara. So, traders will be watching for the unrest, and if we can see a repetition of last week, the NZD was one of the most volatile currency.

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