New Zealand Business Mood Lifts
1. Business sentiment in New Zealand jumped to its strongest level since 2014, giving markets a solid confidence boost.
2. The latest QSBO report pointed to better hiring plans and improved investment intentions across firms.
3. Activity appears to be levelling out, easing concerns about further economic slowdown.
4. Inflation pressures remain mild, supporting the view that the Reserve Bank of New Zealand is likely finished with rate cuts for now.
Instrument: NZD | Sentiment: Positive
