GDT Price Index - (NZD) - 01/07

 

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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