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Thursday, 27 February 2020

New Zealand Trade Data On Tap For Thursday

New Zealand is on Thursday scheduled to release January figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

Imports are expected to be worth NZ$5.00 billion, roughly unchanged from the December reading. Exports are pegged at NZ$4.44 billion, down from NZ$5.54 billion in the previous month. The trade balance is tipped to show a deficit of NZ$533 million following the NZ$547 million surplus a month earlier.

New Zealand also will see February results for the business confidence survey and activity outlook from ANZ; in January, their scores were -13.2 and 17.2, respectively.

Australia will provide Q4 numbers for private capital expenditure. Capex is tipped to add 0.5 percent on quarter after slipping 0.2 percent in the three months prior.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2152350/

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