Big dive in exports surprises market
Exports dived in August, blowing the trade deficit out to twice what was expected at $725 million.
The Statistics New Zealand figures showed crude oil exports down by half, mainly due to lower prices, while fewer frozen beef and sheep cuts brought meat exports down by a third.
More............................
http://www.stuff.co.nz/business/2905...rprises-market
Kiwi may fall as weaker equities prompt fears for recovery
The New Zealand dollar may fall this week as fears the global recovery may be slower than expected sap demand for higher-yielding, or riskier, assets amid weaker stock markets in the US and Europe.
Five of seven economists and strategists in a BusinessWire survey predict the kiwi dollar will fall this week as equity markets in the US ease from their 12-month highs ahead of the earnings season for the three months to September 30.
Full Sharechat article here
http://www.sharechat.co.nz/article/1...-recovery.html
On the other hand.............
Three days later.....ooops
NZ dollar tipped to rise further
Must be time to sell.....:cool: