At 22:00 (GMT+2) in New Zealand, Westpac Banking Corp.’s consumer sentiment index will be released. For Q2, this indicator measures the level of confidence in economic activity and is based on a survey of 1.2K respondents who are asked to assess the outlook for the economy. If the indicator continues its downward trajectory from the current 94.7 points, this would signal subdued consumer sentiment and is likely to act as a catalyst for downside pressure on the domestic currency.
