Breaking News

New Zealand Current Account QoQ

Latest Release

Sep 17, 2024

Actual

-4.83B

Forecast

-3.95B

-4.36B

The Current Account Balance calculates the difference in value between exported and imported goods, services and interest payments over the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must use NZD to buy the nation's exports, the data can have a sizable impact on the NZD.

A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.

Importance:

Country:

Currency: NZD

Source: Statistics New Zealand

Release Date	Time	Actual	Forecast	Previous
Sep 17, 2024 (Q2)	23:45	-4.83B	-3.95B	-4.36B
Jun 18, 2024 (Q1)	23:45	-4.36B	-4.69B	-7.84B
Mar 19, 2024 (Q4)	22:45	-7.84B	-7.79B	-11.47B
Dec 12, 2023 (Q3)	22:45	-11.47B	-10.85B	-4.65B
Sep 19, 2023 (Q2)	23:45	-4.21B	-4.80B	-5.22B
Jun 13, 2023 (Q1)	23:45	-5.22B	-6.90B	-10.07B

Analysis

Week Ahead: Central Banks, Retail Sales, and Inflation to Command Attention By Ryan Anderson - Mar 12, 2022

Week Ahead Preview: Highlights include: FOMC, US retail sales, China activity data MON: Eurogroup Meeting, Swedish CPIF (Feb) TUE: EU Economic/Financial Affairs Council, OPEC OMR, Norges Bank...

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