The ANZ Truckometer indexes of New Zealand economy fell in September as the Heavy Traffic Index fell 2.6% m/m to be up just 0.4% in the September quarter, while the Light Traffic Index fell 0.7% m/m (+1% q/q), notes the research team at ANZ. Key Quotes “We now have complete data for Q3. The monthly fall in the Heavy Traffic Index means the Truckometer is now suggesting the risks around GDP growth in the quarter are skewed towards a weaker outturn.” “The Light Traffic Index leads GDP growth by six months. It concurs that Q3 growth could be on the low side, but suggests weakness may not persist.” 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 China: Marginal deterioration in September capital flows – Nomura FX Street 4 years The ANZ Truckometer indexes of New Zealand economy fell in September as the Heavy Traffic Index fell 2.6% m/m to be up just 0.4% in the September quarter, while the Light Traffic Index fell 0.7% m/m (+1% q/q), notes the research team at ANZ. Key Quotes "We now have complete data for Q3. The monthly fall in the Heavy Traffic Index means the Truckometer is now suggesting the risks around GDP growth in the quarter are skewed towards a weaker outturn." "The Light Traffic Index leads GDP growth by six months. It concurs that Q3 growth could be on the… 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.
