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New Zealand Current Account QoQ

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New Zealand Current Account QoQ

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Sep 14, 2021
Actual
-1.40B
Forecast
-2.23B
Previous
-2.90B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the NZD.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Current Account QoQ
 
Release Date Time Actual Forecast Previous
Sep 15, 2021 (Q2) 08:45 -1.40B -2.23B -2.90B
Jun 16, 2021 (Q1) 08:45 -2.90B -2.23B -2.70B
Mar 17, 2021 (Q4) 07:45 -2.70B -2.88B -3.52B
Dec 16, 2020 (Q3) 07:45 -3.52B -3.65B 1.83B
Sep 16, 2020 (Q2) 08:45 1.83B 0.60B 1.56B
Jun 17, 2020 (Q1) 08:45 1.56B 1.48B -2.66B

News

Forex - Aussie, kiwi move higher ahead of Fed decision
Forex - Aussie, kiwi move higher ahead of Fed decision By Investing.com - Jun 14, 2017

Investing.com - The Australian and New Zealand dollars moved higher against their U.S. counterpart on Wednesday, as sentiment on the greenback remained vulnerable ahead of the Federal Reserve’s...

Analysis

Kathy Lien
SNB, Brexit And Trade Wars Hit FX By Kathy Lien - Sep 20, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Brexit and trade headlines took currencies on a rollercoaster ride on Wednesday. At the start of the NY session, GBP/USD...

Kathy Lien
Has The U.S. Dollar Peaked?   By Kathy Lien - Jun 26, 2018

For the past 2 months, the US dollar has been on a tear. However, despite hitting multi-month highs against sterling, the Australian, New Zealand and Canadian dollars, at the end of last week, the...

Current Account (QoQ) Discussion

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