Anne Boniface, Senior Economist at Westpac, notes that the New Zealand’s business confidence fell further in the September quarter, and is now at its lowest level since 2009. Key Quotes “On its own today’s data suggests some downside risk to our 0.7% GDP growth forecast for Q3. However, we’re not leaping to conclusions too quickly. Q2 growth was much stronger than foreshadowed by business confidence, and other direct indicators of economic activity have held up much better.” “The detail in today’s release supports our view that there will be a lull in investment and hiring over the coming year.” 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 Asian stocks continue mixed following NAFTA rework FX Street 4 years Anne Boniface, Senior Economist at Westpac, notes that the New Zealand's business confidence fell further in the September quarter, and is now at its lowest level since 2009. Key Quotes "On its own today's data suggests some downside risk to our 0.7% GDP growth forecast for Q3. However, we're not leaping to conclusions too quickly. Q2 growth was much stronger than foreshadowed by business confidence, and other direct indicators of economic activity have held up much better." "The detail in today's release supports our view that there will be a lull in investment and hiring over the coming year." 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.
