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New Zealand ANZ Commodity Price Index MoM
Latest Release
Apr 04, 2024
Actual-1.3%
Previous3.6%
The ANZ Commodity Price Index measures the change in the selling price of exported commodities. Commodities exports comprise a major part of New Zealand's economy. The data also has an effect on the country's trade balance. The report is released monthly by ANZ, one of New Zealand's leading banking and financial services firms.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Apr 03, 2024 | 20:00 | -1.3% | 3.6% | ||
| Mar 04, 2024 | 20:00 | 3.5% | 2.1% | ||
| Feb 04, 2024 | 20:00 | 2.2% | 2.4% | ||
| Jan 09, 2024 | 20:00 | 2.4% | -1.3% | ||
| Dec 04, 2023 | 20:00 | -1.3% | 2.8% | ||
| Nov 05, 2023 | 20:00 | 2.9% | 1.4% |
Analysis
U.S. Dollar Lower on FOMC. No Sugar Coating From Powell
By Kathy Lien - Apr 29, 2020
1
The prospect of a treatment for coronavirus along with talk of more stimulus by the Federal Reserve sent equities and currencies sharply higher. The Dow Jones Industrial Average jumped more than...
Dollar Rally Fizzles Despite Strong Data
By Kathy Lien - Oct 04, 2017
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Stronger-than-expected U.S. data helped the greenback shake off its initial weakness at the end Wednesday's New York trading...
110 Breaks, How Low Can USD/JPY Go?
By Kathy Lien - Jun 06, 2017
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.No major U.S. economic reports were released Tuesday but the weight of recent data sent USD/JPY tumbling below 110. The decline...
ANZ Commodity Price Index (MoM) Discussion
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