NZD/USD edged lower under its 200-day moving average (0.6071), BBH analysts note.
35% of firms expect a deterioration in the economic outlook
“The NZ Institute of Economic Research (NZIER) Survey of Business Opinion (QSBO) declined in Q2 and points to a continued slowing in the New Zealand economy over the coming year.”
“A net 35% of firms expect a deterioration in the general economic outlook over the coming months on a seasonally adjusted basis vs. 25% in Q1. This reinforces the case for the RBNZ to start easing earlier than they project which can further weigh on NZD. The RBNZ has a first policy rate cut penciled-in for Q3 2025.”
“In contrast, the swaps market has a November cut more than fully priced in.”
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
The Accounting behind Oracle’s AI Ambitions
TradingKey - On the 7th of October, Oracle stock fell 5% after a report shared by The Information giving more insights into the company’s profitability in their own cloud business. The day after, the stock rebounded, but the questions remain.TradingKey
3 hours ago
BOE Seen Poised for Further Rate Cuts.Sterling Seen Extending Slide Against Dollar
TradingKey - UK Economy Shows Persistent Weakness as Construction Slump Deepens.The UK economy remains under pressure, with S&P Global’s latest purchasing managers’ index (PMI) released on the 6th showing that construction activity contracted for a ninth consecutive month in September.TradingKey
7 hours ago
FOMC October Meeting Minutes: How Should Investors Respond?
In the context of the U.S. government shutdown and a period of limited economic data, the Federal Reserve’s release of its latest monetary policy meeting minutes and officials’ statements on 8 October will be particularly significant.TradingKey
Tue, Oct 7
Is the UK Economy Headed for Collapse? Will Assets Face a "Triple Slump" in Stocks, Exchange Rates, and Bonds?
Many investors and analysts assert that the UK economy is on the brink of collapse, with its assets facing a "triple slump" across stocks, foreign exchange, and bonds.TradingKey
Mon, Oct 6
U.S. Government Shutdown Commentary: Is a Stock Market Crash Imminent? Will Gold Prices Continue to Surge?
TradingKey - On 1 October 2025, the U.S. federal government officially entered a shutdown, impacting various asset classes. This article analyses two key markets most affected—U.S. equities and gold—to help investors identify potential opportunities.TradingKey
Wed, Oct 1
