Analysts at TD Securities suggest that by taking the evidence from monthly trade and the terms of trade reports, they are looking for New Zealand’s December quarter exports to shrink by -0.7%/q and imports to rise by +1.4%/q (both sa) for a December quarter merchandise trade deficit of -$NZ1.2b (nsa). Key Quotes “Exports of dairy, meat and logs all fell while fruit had a strong quarter. After accounting for a wide invisibles deficit, we expect the current account deficit to widen to -$NZ3.7b, or -3.9% of GDP (mkt also -3.9%, prior -3.6%). We pencil in net exports adding +0.1% pts to Dec qtr GDP.” 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 USD/CHF Technical Analysis: Sellers remain in control, sustained weakness below parity mark awaited FX Street 4 years Analysts at TD Securities suggest that by taking the evidence from monthly trade and the terms of trade reports, they are looking for New Zealand's December quarter exports to shrink by -0.7%/q and imports to rise by +1.4%/q (both sa) for a December quarter merchandise trade deficit of -$NZ1.2b (nsa). Key Quotes "Exports of dairy, meat and logs all fell while fruit had a strong quarter. After accounting for a wide invisibles deficit, we expect the current account deficit to widen to -$NZ3.7b, or -3.9% of GDP (mkt also -3.9%, prior -3.6%). We pencil in net exports adding +0.1% pts… 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.
