Analysts at ANZ note that New Zealand’s goods trade balance slipped into deficit in June to the tune of $113m, driving a widening in the annual deficit to $4.0b. Key Quotes “The unadjusted trade deficit was $113m – weaker than expected. This along with revisions saw the annual deficit widen $0.4b to $4.0b.” “The big picture remains solid with broad-based strength across most export sectors, led by strong demand from Greater China and the rest of Asia.” “Seasonally adjusted export values lifted 2.5% m/m in June. However, the big three – dairy, meat and forestry – were soft.” “At 6.8% m/m, growth in seasonally adjusted imports outpaced that of exports, driving the annual deficit wider.” 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 Australia: Headline CPI inflation rose by 0.4% q-o-q – Nomura FX Street 5 years Analysts at ANZ note that New Zealand's goods trade balance slipped into deficit in June to the tune of $113m, driving a widening in the annual deficit to $4.0b. Key Quotes "The unadjusted trade deficit was $113m - weaker than expected. This along with revisions saw the annual deficit widen $0.4b to $4.0b." "The big picture remains solid with broad-based strength across most export sectors, led by strong demand from Greater China and the rest of Asia." "Seasonally adjusted export values lifted 2.5% m/m in June. However, the big three - dairy, meat and forestry - were soft." "At… 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.
