The q/q expected for New Zealand GDP is pointing towards an economy climbing its way out of the mid-2024 slump. The Y/y is expected to still be negative but q/q should be encouraging.
The Australian jobs report is expected to show solid (jobs +25K in May is the central estimate), but not spectacular (+89K was the April result!). An improved showing from the private sector would be welcome, we await the details.
As noted in the screenshot, it's a US holiday today, Thursday, June 19, 2025. Bonds, equities, futures will be closed - I'll come back with the details - as will FX (it never truly closes, Canada is open, for example).
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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