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.


Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Dow Jones New Zealand NZDOW 343.45 1.41 0.03 1.64 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
New Zealand PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account.
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 0.0 blank High 2023-11-15 19:40:00 MacroVar 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 Yield NZ.2Y 4.8 -0.52 -0.01 -11.83 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 -50.0 blank High 2024-07-11 16:56:41 MacroVar 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 -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 Yield NZ.10Y 4.62 -0.56 -0.01 -9.05 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -100.0 blank High 2024-07-10 11:04:02 MacroVar 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 0.0 blank High 2024-08-06 11:34:32 MacroVar 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 10Y Premium 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 -0.22 0.01 1.81 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -0.75 blank High 2024-10-07 08:47:02 MacroVar 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 High MacroVar 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 FX Premium 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 FX Premium 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 FX Premium 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 pmi nz.manpmi 41.1 -13 -13 -13 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-10-07 08:34:04 Momentum 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
Trend UP blank High 2024-10-07 08:34:04 A 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 PMI nz.servpmi 40.2 -6 -6 -19 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-07-12 19:52:03 Momentum 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
Trend Down blank High 2024-07-12 19:52:03 A 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
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Dow Jones New Zealand NZDOW 343.45 1.41 0.03 1.64 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
New Zealand PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account.
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 0.0 blank High 2023-11-15 19:40:00 MacroVar 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 ETF ENZL 46.04 1.39 0 -6.63 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
New Zealand PMI vs ETF Premium Factors are available to premium users only. Upgrade your account.
Momentum 0.0 blank High 2024-10-07 08:47:02 MacroVar 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 1.0 blank High 2024-08-06 11:34:32 MacroVar 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 -50.0 blank High 2023-09-19 18:35:34 MacroVar 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 Yield NZ.2Y 4.8 -0.52 -0.01 -11.83 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 -50.0 blank High 2024-07-11 16:56:41 MacroVar 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 -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 Yield NZ.10Y 4.62 -0.56 -0.01 -9.05 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -100.0 blank High 2024-07-10 11:04:02 MacroVar 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 0.0 blank High 2024-08-06 11:34:32 MacroVar 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 10Y Premium 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 Curve NZ.YC -0.11 24.44 -0.29 -3833.33 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Research is available only to premium users. Upgrade your account.
Description
New Zealand Dollar US Dollar (NZD/USD) NZDUSD 1.64 -0.22 0.01 1.81 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -0.75 blank High 2024-10-07 08:47:02 MacroVar 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 High MacroVar 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 FX Premium 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 FX Premium 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 FX Premium 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 Swaps CDS.New-Zealand 21.4 0 0 37.18 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium 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
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Composite PMI nz.comppmi 40.9 -7 -7 -16 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-07-12 19:52:03 Momentum 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
Trend Down blank High 2024-07-12 19:52:03 A 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 pmi nz.manpmi 41.1 -13 -13 -13 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-10-07 08:34:04 Momentum 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
Trend UP blank High 2024-10-07 08:34:04 A 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 PMI nz.servpmi 40.2 -6 -6 -19 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-07-12 19:52:03 Momentum 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
Trend Down blank High 2024-07-12 19:52:03 A 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.gdpgrowthan 0.3 -250 -250 -91 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-08-10 07:59:38 Momentum 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
Trend Down blank High 2024-08-10 07:59:38 A 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 CPI nz.inflationcpi 3.3 -18 -18 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank Medium 2024-10-15 11:09:24 Momentum 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
Trend Down blank Medium 2024-10-15 11:09:24 A 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 rate nz.unemploymentrate 4.3 7 7 -9 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank Medium 2024-07-12 19:52:03 Momentum 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
Trend UP blank Medium 2024-07-12 19:52:03 A 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
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
NZDJPY Implied Volatility NZDJPY.IV 10.32 0.1 -0.04 5.09 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Risk Signals Premium 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 Zealand NZDOW 343.45 1.41 0.03 1.64 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
New Zealand PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account.
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 0.0 blank High 2023-11-15 19:40:00 MacroVar 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 Yield NZ.2Y 4.8 -0.52 -0.01 -11.83 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar 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 -50.0 blank High 2024-07-11 16:56:41 MacroVar 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 -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 Yield NZ.10Y 4.62 -0.56 -0.01 -9.05 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -100.0 blank High 2024-07-10 11:04:02 MacroVar 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 0.0 blank High 2024-08-06 11:34:32 MacroVar 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 10Y Premium 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 -0.22 0.01 1.81 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar 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 -0.75 blank High 2024-10-07 08:47:02 MacroVar 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 High MacroVar 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 FX Premium 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 FX Premium 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 FX Premium 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
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New Zealand Credit Default Swaps CDS.New-Zealand 21.4 0 0 37.18 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium 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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New Zealand Market News

  
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Time Headlines
2024-08-10 08:00 Poll: The Reserve Bank of New Zealand are to hold rates at 5.5% on August 14th, said 19 of 31 economists, 12 said cut by 25 bps.
2024-08-10 08:00 Poll: The Reserve Bank of New Zealand to cut by 50 basis points to 5.00% in Q4 - median forecast (vs 5.25% in July poll)
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.
Monitor Real-Time Market News >>

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Composite PMI nz.comppmi 40.9 44.2 -7 -16 Down Down
manufacturing pmi nz.manpmi 46.9 45.8 2 2 UP UP
services pmi nz.servpmi 40.2 42.6 -6 -19 Down Down

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.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
manufacturing pmi nz.manpmi 46.9 45.8 2 2 UP UP
industrial production nz.indproduction -3.0 -2.8 7 -850 Down Down

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
services pmi nz.servpmi 40.2 42.6 -6 -19 Down Down

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).


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence nz.consconfidence 90.8 82.2s 10 -12 UP Down
unemployment rate nz.unemploymentrate 4.6 4.4s 5 15 UP UP
retail sales nz.retailsalesan -3.6 -2.4s 50 -111 Down Down
retail sales MoM nz.retailsales -1.2 0.4s -400 -136 Down Down
car registrations nz.carregistrations 3558.0 3636s -2 16 Down UP
building permits nz.buildingpermits 2809.0 2965s -5 -4 UP Down

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
building permits nz.buildingpermits 2809.0 2965 -5 -4 UP Down

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp nz.gdp 253.47 247.23 3 50 UP UP
Real GDP nz.realgdp 71186.0 71154 0 2 UP UP
gdp growth annual nz.gdpgrowthan -0.5 0.5 -200 -103 Down Down
gdp growth nz.gdpgrowth -0.2 0.1 -300 -107 Down Down
inflation cpi nz.inflationcpi 2.2 3.3 -33 -55 Down Down
interest rate nz.interestrate 5.5 5.5 0 5 Down UP
unemployment rate nz.unemploymentrate 4.6 4.4 5 15 UP UP
government debt nz.govdebt 155273.0 128873 20 287 UP UP
external debt nz.externaldebt 362059.0 353798 2 26 UP UP
government debt to gdp nz.govdebtgdp 39.3 35.4 11 102 UP UP
current account nz.currentaccount -4826.0 -3825 26 214 UP Down
current account to gdp nz.currentaccountgdp -6.9 -8.8 -22 123 Down Down
exports nz.exports 4970.0 6090 -18 -0 Down Down
imports nz.imports 7170.0 7100 1 -1 UP Down
foreign exchange reserves nz.fxreserves 32538.0 32573 -0 14 UP UP
government revenues nz.govrev 153011.0 141627 8 90 UP UP
fiscal expenditure nz.fiscalexp 161822.0 150956 7 63 UP UP

New Zealand Inflation

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


Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi nz.inflationcpi 2.2 3.3 -33 -55 blank
core inflation rate nz.coreinflationrate 2.7 2.8 -4 -39 blank

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate nz.unemploymentrate 4.6 4.4 5 15 UP UP

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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate nz.interestrate 5.5 5.5 0 5 Down UP
central bank balance sheet nz.cb.assets 83016.0 82655 0 -15 Down Down
banks balance sheet nz.banks.bs 711463.0 716885 -1 1 UP UP
money supply m1 nz.msm1 115536.0 116910 -1 -3 Down Down
Money Supply M2 nz.msm2 150882.0 153357 -2 2 Down UP
government debt to gdp nz.govdebtgdp 39.3 35.4 11 102 UP UP
loans to private sector nz.loanprivate 135255.0 134446 1 3 UP UP
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.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues nz.govrev 153011.0 141627 8 90 UP UP
fiscal expenditure nz.fiscalexp 161822.0 150956 7 63 UP UP
government budget nz.govbudget -2.4 -2.7 -11 -44 Down UP
Government budget nz.govbudgetvalue -9446.0 -9691 -3 -49 Down UP
government debt nz.govdebt 155273.0 128873 20 287 UP UP
government debt to gdp nz.govdebtgdp 39.3 35.4 11 102 UP UP

New Zealand Trade

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


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account nz.currentaccount -4826.0 -3825 26 214 UP Down
current account to gdp nz.currentaccountgdp -6.9 -8.8 -22 123 Down Down
balance of trade nz.balanceoftrade -2203.0 -1016 117 -3 Down UP
imports nz.imports 7170.0 7100 1 -1 UP Down
exports nz.exports 4970.0 6090 -18 -0 Down Down
capital flows nz.capitalflows 3654.0 -1006 -463 -312 Down UP
foreign direct investment nz.fdi 2315.0 1912 21 42 UP UP
external debt nz.externaldebt 362059.0 353798 2 26 UP UP
foreign exchange reserves nz.fxreserves 32538.0 32573 -0 14 UP UP