GDT Price Index - (NZD) - 01/07
- Donald Herison
- English
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What is it? It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income. The weighted-average price of the 9 dairy products sold at auction are sampled and then compared to the previous sampling.
When? No Exact Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
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