NZ Business Confidence Release
The ANZ Business Confidence figures for May have just been released.
The figures were better than expected overall.
The Business Confidence came stronger +14.9% in May v +11.0 % in April
Firms’ own activity outlook was +38.8% in May v 37.7% in April
The NZD is higher in immediate response.
Current indicative levels are:
NZDUSD 0.7090 /
0.7115
NZDAUD 0.9500 / 0.9525
NZDEUR
0.6350 / 0.6375
NZDGBP 0.5535 / 0.5560
NZDJPY
78.75 /
79.00