New Zealand jobs report for Q1 2023: Unemployment rate 3.4% (3.5% expected, 3.4% prior)
Earlier from NZ we had the RBNZ Financial Stability Report:
There was little to alarm in that. And now we get employment report beats. Put these two together and, at the margin, the hurdles to further RBNZ rate hikes are lower.
- Jobs added: beat
- Unemployment rate: beat
- Wage growth: miss (which the RBNZ will like)
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nzd
This article was written by Eamonn Sheridan at www.forexlive.com.from Forexlive RSS Breaking News Feed https://ift.tt/kvc4ZRh
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
