Analysts at Australia and New Zealand Banking Group (ANZ) offer a quick reaction to New Zealand’s Q2 Survey of Manufacturing data released earlier this Monday. Key Quotes: “Total manufacturing volumes fell 2.7% q/q in Q2, driven (once again) by the meat and dairy component (down 8.2% q/q). Core manufacturing remained soft, lifting just 0.5% q/q following two consecutive quarterly declines. All up, today’s print presents some downside risk to our preliminary Q2 GDP forecast of 0.4% q/q, and forward-looking indicators suggest Q3 manufacturing has started on an even softer note.” 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 US Dollar Index regains traction and tests 98.40 FX Street 4 years Analysts at Australia and New Zealand Banking Group (ANZ) offer a quick reaction to New Zealand's Q2 Survey of Manufacturing data released earlier this Monday. Key Quotes: "Total manufacturing volumes fell 2.7% q/q in Q2, driven (once again) by the meat and dairy component (down 8.2% q/q). Core manufacturing remained soft, lifting just 0.5% q/q following two consecutive quarterly declines. All up, today's print presents some downside risk to our preliminary Q2 GDP forecast of 0.4% q/q, and forward-looking indicators suggest Q3 manufacturing has started on an even softer note." 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.
