New Zealand November business confidence 67.1% (up from 58.1% prior)

New Zealand November business confidence 67.1%, the highest in 11 years

• prior 58.1%

Business activity 53.1%

• prior 44.6%

New Zealand posting solid numbers yet again.

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Earlier:

• RBNZ’s Hawkesby says policy now stimulatory but warns on global independence risks
• New Zealand Q3 retail sales show huge jump, much improved from Q2

The news from yesterday has lifted the NZD:

• investingLive Asia-Pacific FX news wrap: AUD up (high CPI), NZD up (rate cut), JPY up (BoJ
• investingLive Americas FX news wrap 26 Nov:NZD soars on Hawkish Cut/GBP rallies on budget

This article was written by Eamonn Sheridan at investinglive.com.