Analysts ANZ Bank New Zealand Limited note that the Net immigration has added more than 300,000 people to the population over the past five years, increasing demand (including for housing and infrastructure), but also adding to the pool of labour. Key quotes: “The migration cycle is past its peak and trending lower, but is still expected to add almost 100,000 people over the next two years. Nevertheless, softening population growth implies a shrinking impetus to growth over the years ahead and if the migration downturn is sharper than expected, economic growth could slow markedly, given growth per capita is pretty lacklustre.” “With such a large pool of recent permanent residents who may have a higher propensity to leave should economic conditions change, the risk that net migration exacerbates the next downturn – whenever that may be – is quite real.” “The week ahead brings NZIER’s Q3 Quarterly Survey of Business Opinion, ANZ’s job ads and commodity price index, and the next GDT auction.” “We have revised down our farmgate milk price to $6.40kg /MS and bumped up our CPI forecasts for Q3 and Q4 on higher petrol prices.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold to resume the downside if DXY holds 95 handle and US yields rise, watch $1,180 double bottom FX Street 4 years Analysts ANZ Bank New Zealand Limited note that the Net immigration has added more than 300,000 people to the population over the past five years, increasing demand (including for housing and infrastructure), but also adding to the pool of labour. Key quotes: "The migration cycle is past its peak and trending lower, but is still expected to add almost 100,000 people over the next two years. Nevertheless, softening population growth implies a shrinking impetus to growth over the years ahead and if the migration downturn is sharper than expected, economic growth could slow markedly, given growth per capita is pretty… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
