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18 Sep 2013
Flash: NZ Q2 current account unlikely to move the Kiwi - BNZ
FXstreet.com (Barcelona) - According to Economists at Bank of New Zealand, today's Q2 Balance of Payments figures in New Zealand - due at 22.45GMT - are unlikely to move much the Kiwi.
BNZ notes: "Absent a major surprise, we doubt today’s figures will be all that market moving. We expect the year-to-June 2013 deficit to be around $10.2b, equivalent to 4.8% of GDP. This is in line with the market’s median view."
BNZ notes: "Absent a major surprise, we doubt today’s figures will be all that market moving. We expect the year-to-June 2013 deficit to be around $10.2b, equivalent to 4.8% of GDP. This is in line with the market’s median view."