New Zealand Economy & New Zealand Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the New Zealand economy and New Zealand markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

New Zealand Overview

 
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New Zealand Overview presents the current trends and dynamics of the major New Zealand financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
Dow Jones New ZealandNZDOW343.451.410.031.64
FactorLastSignalImportanceLast SignalLogic
New Zealand PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.
Momentum100.0High2024-07-04 19:10:17MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend50.0High2024-01-20 14:12:16MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-15 19:40:00MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 2-Year Bond YieldNZ.2Y4.8-0.52-0.01-11.83
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-50.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 10-Year Bond YieldNZ.10Y4.62-0.56-0.01-9.05
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
New Zealand Dollar US Dollar (NZD/USD)NZDUSD 1.64-0.220.011.81
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
manufacturing pminz.manpmi47.20-3-3
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 15:57:02Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 15:57:02A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMInz.servpmi430-8-18
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
Dow Jones New ZealandNZDOW343.451.410.031.64
FactorLastSignalImportanceLast SignalLogic
New Zealand PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.
Momentum100.0High2024-07-04 19:10:17MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend50.0High2024-01-20 14:12:16MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-15 19:40:00MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand ETFENZL46.041.390-6.63
FactorLastSignalImportanceLast SignalLogic
New Zealand PMI vs ETFPremium Factors are available to premium users only. Upgrade your account.
Momentum100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend75.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk-50.0High2023-09-19 18:35:34MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 2-Year Bond YieldNZ.2Y4.8-0.52-0.01-11.83
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-50.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 10-Year Bond YieldNZ.10Y4.62-0.56-0.01-9.05
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
New Zealand Yield CurveNZ.YC-0.1124.44-0.29-3833.33
FactorLastSignalImportanceLast SignalLogic
Research is available only to premium users. Upgrade your account.
Description
New Zealand Dollar US Dollar (NZD/USD)NZDUSD 1.64-0.220.011.81
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
New Zealand Credit Default SwapsCDS.New-Zealand21.40037.18
FactorLastSignalImportanceLast SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
Composite PMInz.comppmi44.70-5-11
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
manufacturing pminz.manpmi47.20-3-3
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 15:57:02Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 15:57:02A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMInz.servpmi430-8-18
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
GDP Growth (annual)nz.gdpgrowthan0.30-250-91
FactorLastSignalImportanceLast SignalLogic
MomentumDownHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Inflation CPInz.inflationcpi40-15167
FactorLastSignalImportanceLast SignalLogic
MomentumUpMedium2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownMedium2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Unemployment ratenz.unemploymentrate4.307-9
FactorLastSignalImportanceLast SignalLogic
MomentumDownMedium2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendUpMedium2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
NZDJPY Implied VolatilityNZDJPY.IV10.320.1-0.045.09
FactorLastSignalImportanceLast SignalLogic
Risk SignalsPremium Factors are available to premium users only. Upgrade your account.MacroVar risk management models monitor the dynamics of thousands of risk-related indicators to gauge global financial risk conditions. MacroVar calcualates trend/momentum and 1-year, 5-year z-scores. The z-score (also known as the standard score) is a statistical measure that quantifies how many standard deviations an individual data point is from the mean of a distribution. MacroVar Risk Management models
Research is available only to premium users. Upgrade your account.
Description
Dow Jones New ZealandNZDOW343.451.410.031.64
FactorLastSignalImportanceLast SignalLogic
New Zealand PMI vs StocksPremium Factors are available to premium users only. Upgrade your account.
Momentum100.0High2024-07-04 19:10:17MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend50.0High2024-01-20 14:12:16MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk0.0High2023-11-15 19:40:00MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 2-Year Bond YieldNZ.2Y4.8-0.52-0.01-11.83
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-50.0High2024-07-11 16:56:41MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
New Zealand 10-Year Bond YieldNZ.10Y4.62-0.56-0.01-9.05
FactorLastSignalImportanceLast SignalLogic
Momentum-100.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand PMI vs 10YPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
New Zealand Dollar US Dollar (NZD/USD)NZDUSD 1.64-0.220.011.81
FactorLastSignalImportanceLast SignalLogic
Momentum50.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
New Zealand 10Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand 2Y vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
New Zealand PMI vs FXPremium Factors are available to premium users only. Upgrade your account.MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
New Zealand Credit Default SwapsCDS.New-Zealand21.40037.18
FactorLastSignalImportanceLast SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
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Description

New Zealand Market News

  
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TimeHeadlines
2024-07-02 05:40 NZIER Confidence Actual -44 (Forecast -, Previous -25)
2024-07-02 05:40 New Zealand Building Consents Actual -1.7% (Forecast -, Previous -1.9%)
2024-04-16 08:11 New Zealand Visitor Arrivals MoM Actual 7630 (Forecast -, Previous 2,870)
2024-03-19 15:11 The New Zealand Performance of Services Index (PSI) SA came in at 53, with no forecast provided and a previous reading of 52.1.
2024-02-29 11:04 NBNZ Business Outlook came in at 34.7, missing the forecast and below the previous reading of 36.6.
2024-02-29 11:04 NBNZ's actual activity for the current period was 29.5, compared to a forecast of -, and previous activity of 25.6.
2024-02-29 11:03 RBNZ's Chief Economist Conway believes that reducing government spending as a percentage of GDP is beneficial.
2024-02-29 11:03 Reserve Bank of New Zealand Governor Orr stated that the Official Cash Rate should remain unchanged throughout this calendar year.
2024-02-29 11:03 Governor Orr of the Reserve Bank of New Zealand stated that the current cash rate is limiting demand.
2024-02-29 11:03 RBNZ Governor Orr stated that the inflation outlook is extremely well-balanced.

New Zealand Economic Overview

  
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New Zealand economic overview presents a snapshot of New Zealand current economic conditions. You can find details for the New Zealand economy subsections by exploring the sections below.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Composite PMInz.comppmi44.747.3-5-11DownDown
manufacturing pminz.manpmi41.147.2-13-13DownDown
services pminz.servpmi43.046.6-8-18DownDown

New Zealand Manufacturing

  
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MacroVar tracks hundreds of indicators related to New Zealand manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the New Zealand economy.


1IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
manufacturing pminz.manpmi41.147.2-13-13DownDown
industrial productionnz.indproduction-3.70.2-1950-347DownDown

New Zealand Services

  
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MacroVar tracks hundreds of indicators related to New Zealand services. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of services in the New Zealand economy.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
services pminz.servpmi43.046.6-8-18DownDown

New Zealand consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to New Zealand employment and New Zealand consumer activity (building permits).


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
consumer confidencenz.consconfidence82.293.2s-12-23DownDown
unemployment ratenz.unemploymentrate4.34s7-9UPDown
retail salesnz.retailsalesan-2.4-4.1s-41-136DownDown
retail sales MoMnz.retailsales0.5-1.9s-126-82UPDown
car registrationsnz.carregistrations3612.04591s-211DownUP
building permitsnz.buildingpermits2819.02877s-2-13DownDown

New Zealand Construction

  
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The New Zealand construction sector is a significant component of the New Zealand economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
building permitsnz.buildingpermits2819.02877-2-13DownDown

New Zealand Macroeconomic outlook

  
New Zealand Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the New Zealand economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore New Zealand macroeconomic model in detail.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
gdpnz.gdp253.47247.23350UPUP
Real GDPnz.realgdp70871.07078605UPUP
gdp growth annualnz.gdpgrowthan0.3-0.2-250-91DownDown
gdp growthnz.gdpgrowth0.2-0.1-300-86DownDown
inflation cpinz.inflationcpi4.04.7-15167DownUP
interest ratenz.interestrate5.55.505DownUP
unemployment ratenz.unemploymentrate4.347-9UPDown
government debtnz.govdebt155273.012887320287UPUP
external debtnz.externaldebt352682.0343073321UPUP
government debt to gdpnz.govdebtgdp35.929.820164UPUP
current accountnz.currentaccount-4360.0-7975-4537UPDown
current account to gdpnz.currentaccountgdp-6.9-8.8-22123DownDown
exportsnz.exports7160.06310133UPUP
importsnz.imports6950.06320101UPUP
foreign exchange reservesnz.fxreserves27963.031938-126DownUP
government revenuesnz.govrev153011.0141627890UPUP
fiscal expenditurenz.fiscalexp161822.0150956763UPUP

New Zealand Inflation

  
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MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


IndicatorSymbolActualPreviousM/M%Y/Y%Trend
inflation cpinz.inflationcpi4.04.7-15167
core inflation ratenz.coreinflationrate3.74.4-16118

New Zealand Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of New Zealand employment. New Zealand employment is one of the major factors affecting New Zealand monetary policy.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
unemployment ratenz.unemploymentrate4.347-9UPDown

New Zealand Monetary Policy

  
New Zealand Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
interest ratenz.interestrate5.55.505DownUP
central bank balance sheetnz.cb.assets84798.095823-12-10DownDown
banks balance sheetnz.banks.bs708096.0709825-01UPUP
money supply m1nz.msm1117824.0118068-0-5DownDown
Money Supply M2nz.msm2150882.0153357-22DownUP
government debt to gdpnz.govdebtgdp35.929.820164UPUP
loans to private sectornz.loanprivate136020.013481913UPUP
New Zealand Credit Rating (S&P)RATING.S&P.NZ
New Zealand Credit Rating (Moody's)RATING.MOODYS.NZ
New Zealand Credit Rating (Fitch)RATING.FITCH.NZ

New Zealand Fiscal Policy

  
New Zealand Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
government revenuesnz.govrev153011.0141627890UPUP
fiscal expenditurenz.fiscalexp161822.0150956763UPUP
government budgetnz.govbudget-2.4-2.7-11-44DownUP
Government budgetnz.govbudgetvalue-9446.0-9691-3-49DownUP
government debtnz.govdebt155273.012887320287UPUP
government debt to gdpnz.govdebtgdp35.929.820164UPUP

New Zealand Trade

  
New Zealand trade activity is monitored by tracking Trade and Capital flows.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
current accountnz.currentaccount-4360.0-7975-4537UPDown
current account to gdpnz.currentaccountgdp-6.9-8.8-22123DownDown
balance of tradenz.balanceoftrade204.0-3-6900413UPUP
importsnz.imports6950.06320101UPUP
exportsnz.exports7160.06310133UPUP
capital flowsnz.capitalflows12632.0575711977UPUP
foreign direct investmentnz.fdi2783.01769574UPUP
external debtnz.externaldebt352682.0343073321UPUP
foreign exchange reservesnz.fxreserves27963.031938-126DownUP