The ANZ Business Outlook Survey for July paints an unhappy picture of NZ economy, according to Sharon Zollner, Chief Economist at ANZ. Key Quotes “Headline business confidence dropped to a net 45% of respondents reporting they expect general business conditions to deteriorate in the year ahead, down 5 points.” “Firms’ perceptions of their own prospects are a better gauge of economic outcomes, but the news wasn’t upbeat here either: it dropped 5 points to a net 4% expecting an improvement.” “This is the lowest reading since May 2009 and well below the long-term average of +27. By industry, retailers remain the least positive about their own activity (-4%) despite still-robust consumer confidence.” 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 Technical Analysis: Brent oil recovery could end below $74.40 FX Street 5 years The ANZ Business Outlook Survey for July paints an unhappy picture of NZ economy, according to Sharon Zollner, Chief Economist at ANZ. Key Quotes "Headline business confidence dropped to a net 45% of respondents reporting they expect general business conditions to deteriorate in the year ahead, down 5 points." "Firms' perceptions of their own prospects are a better gauge of economic outcomes, but the news wasn't upbeat here either: it dropped 5 points to a net 4% expecting an improvement." "This is the lowest reading since May 2009 and well below the long-term average of +27. By industry, retailers remain… 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.
