GDT Price Index (NZD) – 20/01

 

What is it? It checks the change 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;.

When? January 20th - Tentative.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

 

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