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New Zealand ANZ Business Confidence

Latest Release

Oct 31, 2024

Actual

65.7

60.9

The Australia and New Zealand Banking Group Limited (ANZ) Business Confidence measures the current business conditions in New Zealand. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.

It is concluded from a monthly survey of about 1,500 businesses which asks respondents to rate the year ahead economic outlook.

Above 50% indicates optimism, below indicates pessimism.

Importance:

Country:

Currency: NZD

Source: ANZ

Release Date	Time	Actual	Previous
Nov 28, 2024 (Nov)	11:00		65.7
Oct 31, 2024 (Oct)	11:00	65.7	60.9
Sep 30, 2024 (Sep)	11:00	60.9	50.6
Aug 29, 2024 (Aug)	12:00	50.6	27.1
Jul 31, 2024 (Jul)	12:00	27.1	6.1
Jun 27, 2024 (Jun)	12:00	6.1	11.2

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Analysis

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DXY is telling you all you need to know about where markets are headed. Its huge ascending triangle has broken out on the monthly chart. I see no reason why it won’t challenge the millennium...

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Australia 5Y	4.216	+0.009	+0.21%
New Zealand 10Y	4.715	-0.025	-0.63%
U.S. 10Y	4.397	-0.009	-0.20%
Japan 10Y	1.086	-0.010	-0.91%
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ANZ Holdings	32.250	+0.070	+0.22%
Commonwealth Bank Australia	156.240	-0.140	-0.09%
Telstra Group	3.850	0.000	0.00%
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RBA	4.35%	Dec 10, 2024
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PBOC	3.10%
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