NZD Final ANZ Business Confidence

ANZ Business Confidence

NZD Final ANZ Business Confidence :

SourceANZ (latest release)
MeasuresLevel of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers;
Usual Effect‘Actual’ greater than ‘Forecast’ is good for currency;
FrequencyReleased monthly, excluding January, around the end of the current month;
Next ReleaseMay 31, 2021
FF NotesAbove 0.0 indicates optimism, below indicates pessimism. There are 2 versions of this report released about 3 weeks apart – Preliminary and Final;
Why Traders
Care
It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Derived ViaSurvey of about 1,500 businesses which asks respondents to rate the relative 12-month economic outlook;

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