New Zealand Card Retail Sales +7% in April m/m (prior -1.3%)

• Sales on electronic cards cover about 68% of core retail sales in New Zealand

For the y/y, retail +2.1%

• vs. prior -0.9%

NZD/USD update, not a lot of movement upon the data release (a big drop overnoght as risk assets deteriorated more widely):

Tags

• NZD

• Follow NZD
• Save

Most Popular

• In-line CPI report leads to a blockbuster day for US stock markets
• US stocks open higher led by the NASDAQ index
• USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
• Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
• USD/JPY looks to US CPI report to potentially break ping pong range
• BOJ reportedly erring towards keeping interest rates unchanged next week
• USD/JPY back above 153.00