January - March employment data from New Zealand
Unemployment Rate 5.1%
Employment Change +0.1% q/q
expected +0.1%, prior –0.1%Employment Change -0.7% y/y
expected –0.5%, prior –1.1%Participation Rate 70.8%
expected 71.0%, prior 71.0%Private Wages excluding overtime +0.4% q/q
expected +0.5%, prior +0.6%Private wages including overtime +0.4% q/q
expected +0.5%, prior +0.6%Average Hourly Earnings +0.2% q/q
prior +1.3%Earlier from NZ:
RBNZ says risks to the financial system have increased over the past six monthsAll the local info from NZ is being swampe by the bigger news, of course:
"Sources" say US' Bessent and Greer to meet with China rep on Economic Matters this weekAustralian dollar higher on talk of Bessent/Greer/ China Vice Premier He Lifeng meetingChina confirms Vice Premier He Lifeng to talk trade with Bessent this weekChina' s Ministry of Commerce says is has "decided to agree to engage with the US" This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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