NZ Q1 Business Confidence & Capacity Utilisation
The NZ Q1 Business Confidence & Capacity Utilisation figures have just been released.
The NZ Q1 Business Confidence came in worse compared with the previous quarter:
+16% versus +26 % in 4Q 2016
Q1 Capacity Utilisation rose to a record 93.6%, from the previous quarter’s 92.7%.
The NZD is little changed in immediate response.
Current indicative levels are:
NZDUSD 0.7005 / 0.7030
NZDAUD
0.9215 / 0.9240
NZDEUR 0.6565 / 0.6590
NZDGBP
0.5605 / 0.5630
NZDJPY 77.65 / 77.90