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NZ retail sales surprise to the upside

FXStreet (Bali) - New Zealand retail sales ex autos (core) (QoQ) (Q2) came at +1.2% vs +0.8% last, with retail sales (QoQ) (Q2) at +1% vs +0.7% last.

Key facts

For the June 2014 quarter, compared with the March 2014 quarter (seasonally adjusted):

The total volume of retail sales rose 1.2 percent. Eleven of the 15 industries had higher sales volumes. Motor-vehicle and parts retailing recorded the largest volume increase, up 3.6 percent. The total value of retail sales rose 1.0 percent.

Stability in New Zealand manufacturing sector continues

Stability in the New Zealand manufacturing sector continues, following a 53.00 prints for the month of July vs 53.3 last.
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NZD/USD bulls enjoy some upside towards the 0.85 handle

NZD/USD is trading at 0.8482, up 0.29% on the day, having posted a daily high at 0.8490 and low at 0.8455.
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