At 23:45 (GMT+2), New Zealand will publish January data on the trade balance – an indicator that consolidates the difference between the amount of payments for exported and imported goods. In January, the deficit is expected to increase from –14.460M New Zealand dollars to –14.887M New Zealand dollars YoY and from –0.475M New Zealand dollars to –1.405M New Zealand dollars MoM. Implementation of the forecast is likely to put pressure on the positions of the national currency.
