GDT Price Index (NZD) – 15/10

What is it? It check the in the average price of dairy products sold at auction.

It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

Usual Effect: If the number is higher than the forecast, you can expect the NZD to rise.

When? October 15th.

 

Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.

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