New Zealand, ANZ-Roy Morgan Consumer Confidence rose a little to 96.6 in February

Data from New Zealand, ANZ-Roy Morgan Consumer Confidence

It rose a little, to 96.6 in February

• prior 96 even

ANZ:

• proportion of households thinking it’s a good time to buy a major household item, the best retail indicator, lifted 1 point to -15
• inflation expectations were little changed at 4.0%, continuing their stable run

I’m posting the data for those keeping track. Its not moving the NZD. As I’ve said a number of times recently, the kiwi$, along with other FX, is being moved much more by international developments than local data. By international developments I mean Trump’s on-off-on-off-etc. (i.e. inconsistent) rambling on tariffs.

The war on markets continued today:

• Forexlive Americas FX news wrap: Fresh Trump tariff threat submarines markets

This article was written by Eamonn Sheridan at www.forexlive.com.