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BNZ Markets Outlook
Get the latest news on the New Zealand economy and global markets in our weekly BNZ Markets Outlook. Each issue covers a range of topics, including domestic interest rates, the foreign exchange market and upcoming events.
In this week's Markets Outlook
Monday 2 March 2015
Economy Robust to Dairy Wavers
New Zealand’s merchandise terms of trade fell just 1.9% in the final quarter of 2014. The market was looking for a bigger drop, of 3.0%, while we expected -3.2%. Robustness was also writ large in the quarter’s export and import volume results, supporting our view that Q4 GDP increased 0.9%, at a minimum.