New Zealand Balance of Trade (Dec) 52B vs. Exp. 0.03B (Prev. -335B, Rev. From -0.163B)
The significant shift to a positive balance of trade in New Zealand shows a robust export performance compared to expectations and the previous month’s substantial deficit.
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New Zealand Balance of Trade (Dec) 52B vs. Exp. 0.03B (Prev. -335B, Rev. From -0.163B)
Brazilian BCB Policy Announcement 15% vs. Exp. 15.00% (Prev. 15.00%); says it will start cutting rates next meeting
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This unexpected surplus could indicate underlying economic strength, potentially influencing monetary policy and impacting the NZD as traders reassess growth outlooks and inflation dynamics.
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