NZD/USD remains flat after moving sideways during the early hours, trading around 0.5640 during the European hours on Tuesday.
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $59.78 per barrel, down from Monday’s close at $60.06.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.69 after its previous daily close at $63.96.
Quarterly business managers’ survey results, collected and released by the Reserve Bank of New Zealand (RBNZ), give a rough aggregate overview of where New Zealand operators expect inflation rates to land within the next two years.