News Headline Summary

New Zealand Trade Balance (Feb) M/M 818mln vs. Exp. 600mln (Prev. 306mln, Rev. 286mln)

- Exports (Feb) M/M 4.56bln vs. Exp. 4.44bln (Prev. 4.08bln, Rev. 4.07bln)
- Imports (Feb) M/M 3.74bln vs. Exp. 3.75bln (Prev. 3.77bln, Rev. 3.78bln)
- Trade Balance 12 Mth (Feb) YTD 649mln vs. Exp. 500mln (Prev. 312mln, Rev. 264mln)

Reaction details (17:47)

- NZD/USD immediately moved higher by 9 pips to 0.8603 from 0.8594, trades 0.8600 (+30 pips) last.

Analysis details (17:49)

- The headline trade balance figure printed at the highest surplus for any February month.

26 Mar 2014 - 17:45 - Forex - Source: BBG

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