Forex news for Asia trading Tuesday 8 December 2015
Lets start at the beginning today … NZ GDP proxy the ANZ ‘Truckometer’ showed, says ANZ, that the economy there is “running faster than many realise”. Forty five minutes later we had more data from NZ, with manufacturing activity indicating a solid pick up in Q3. Responses to the data involved at least one NZ bank revising its GDP forecast higher and the NZ dollar stabilising after the falls it had seen during the overnight session.