Stats New Zealand reported a seasonally adjusted current account deficit for the March 2018 quarter at $3 billion- the highest level since the 2008 global financial crisis. The goods deficit widened to $1.7 billion in the March 2018 quarter, due to strong imports of petroleum and machinery and equipment (such as tractors), according to Stats New Zealand. Meanwhile, exports of goods fell 5.9 percent from the December 2017. The current account deficit for the year ended March 2018 was $7.9 billion or 2.8 percent of GDP vs 2.6 percent of GDP in the year ended March 2017. 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 Oil bumps up on US inventories decline, WTI pokes back into $65 FX Street 3 years Stats New Zealand reported a seasonally adjusted current account deficit for the March 2018 quarter at $3 billion- the highest level since the 2008 global financial crisis. The goods deficit widened to $1.7 billion in the March 2018 quarter, due to strong imports of petroleum and machinery and equipment (such as tractors), according to Stats New Zealand. Meanwhile, exports of goods fell 5.9 percent from the December 2017. The current account deficit for the year ended March 2018 was $7.9 billion or 2.8 percent of GDP vs 2.6 percent of GDP in the year ended March 2017. Top 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.
