New Zealand Labour Costs Index QoQ (Q1) Q/Q 0.5% vs. Exp. 0.4% (Prev. 0.4%, Low. 0.3%, High. 0.4%)

The New Zealand Labour Costs Index for Q1 showed a quarterly increase of 0.5%, surpassing expectations of 0.4%.

Newsquawk StaffPublished 5 May 2026, 23:05 UTCOn the live feed at 22:45 UTC — 8 more headlines followed before this page went public

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22:53

US President Trump posts that Project Freedom will be paused for a short period to see whether or not the agreement with Iran can be finalised and signed, blockade will remain in full effect

22:48

Explosions were heard on Qeshm Island, Bandar Abbas and Bushehr, according to Iranian press

22:45

New Zealand Labour Costs Index QoQ (Q1) Q/Q 0.5% vs. Exp. 0.4% (Prev. 0.4%, Low. 0.3%, High. 0.4%)

22:34

Hezbollah says they targeted a gathering of Israeli army soldiers with a drone at the Bald Heights in southern Lebanon

22:01

[MARKET UPDATE] US equity futures open mixed (ES +8 points, NQ +120 points); T-Note futures -1+ ticks; WTI futures +USD 0.40/bbl; Spot XAU U/C

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Context

This beat may indicate tighter labor conditions, which could influence the RBNZ's stance on interest rates, reflecting pressures on wage inflation amid a challenging economic backdrop.

Macro · last 90 days

Recent headlines that moved markets

MACRO/20 Aug · 01:30 UTC

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)

Market, after we published−0.3%

AUD/USD immediately moved lower by 22 pips to 0.7103 from 0.7125.

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

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