New Zealand Labour Costs Index QoQ
The change in labor expenses is measured by the Labor Cost Index. The index includes base salary and regular-time pay rates, as well as nonwage labor-related costs like as annual leave and statutory holidays, superannuation, ACC employer payments, medical insurance, private motor vehicles, and low-interest loans.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.1002 -103 pips |
1.1063 +42 pips |
1.11051 | |
| EURNZD |
|
|
1.7823 -101 pips |
1.8039 -115 pips |
1.79239 | |
| NZDCAD |
|
|
0.8232 +31 pips |
0.8282 -81 pips |
0.82009 | |
| NZDJPY |
|
|
89.3460 -131 pips |
92.4304 -177 pips |
90.657 | |
| NZDUSD |
|
|
0.5991 +116 pips |
0.6082 -207 pips |
0.58750 | |
| GBPNZD |
|
|
2.1241 -280 pips |
2.0986 +535 pips |
2.15206 | |
| NZDCHF |
|
|
0.5206 +15 pips |
0.5308 -117 pips |
0.51913 |
News (NZD)
New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ
The services sector in New Zealand continued to contract in October, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 46.0.
RTTNews | 3 days ago
New Zealand Manufacturing PMI Sinks To 45.8 In October - BusinessNZ
The manufacturing sector in New Zealand continued to contract in October, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 45.8.
RTTNews | 6 days ago
New Zealand Jobless Rate 4.8% In Q3
New Zealand posted a seasonally adjusted unemployment rate of 4.8 percent in the third quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews | 15 days ago
