Performance of Services Index from New Zealand for January

  • A bit of a slow down from December but still a solid expansion reading

Not much an immediate FX market impact from this

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Also, over the weekend there was a big earthquake near Christchurch

  • M5.7
  • Centered 17 kilometers east of the city
  • Depth 8 kilometers
  • No tsunami warning issued

Thankfully there have been no reports of fatalities nor serious damage