AUD/NZD:FULL FUNDAMENTAL ANALYSIS + CHART PATTERN | LONG SETUP🔔

16 Sep 2021

The New Zealand GDP for the second quarter decreased 2.8% quarterly and 17.4% annualized. Economists predicted an increase of 1.3% and 16.3%. Forex traders can compare this to the New Zealand GDP for the first quarter, which increased 1.4% quarterly and 2.9% annualized. The New Zealand GDP Annual Average for the second quarter increased 5.1% quarterly, and GDP Expenditure increased 2.6% quarterly. Economists predicted an increase of 4.3% and 1.4%. Forex traders can compare this to the New Zealand GDP Annual Average for the first quarter, which decreased 1.4% quarterly, and GDP Expenditure, which increased 1.4% quarterly.

New Zealand Offshore Holdings for August were reported at 47.70%. Forex traders can compare this to New Zealand Offshore Holdings for July, reported at 46.6%.

Australian Consumer Inflation Expectations for September increased 4.4% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for August, which increased 3.3% annualized. Australian HIA New Home Sales for August increased 5.8% monthly. Forex traders can compare this to Australian HIA New Home Sales for July, which decreased 20.5% monthly.

The Australian Employment Change for August was reported at -146.3K. Economists predicted a figure of -90.0K. Forex traders can compare this to the Australian Employment Change for July, reported at 3.1K. The Unemployment Rate for August was reported at 4.5%. Economists predicted a reading of 4.9%. Forex traders can compare this to the Unemployment Rate for July, reported at 4.6%. 68.0K Full-Time Positions and 78.2K Part-Time Positions were lost in August. Forex traders can compare this to the loss of 5.0K Full-Time Positions and the creation of 8.1K Part-Time Positions, reported in July. The Labor Force Participation Rate for August was reported at 65.2%. Economists predicted a reading of 65.7%. Forex traders can compare this to the Labor Force Participation Rate for July, reported at 66.0%.