Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD
19:00 USD Federal Budget Balance
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The Federal Budget Balance measures the difference in value between the federal government's income and expenditure during the reported month. A positive number indicates a budget surplus, a negative number indicates a deficit.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
21:45 NZD Employment Change (QoQ) 0.2%
Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
21:45 NZD Labor Cost Index (QoQ)
21:45 NZD Unemployment Rate 6.6%
The Labor Cost Index measures the change in the price businesses pay for labor, excluding overtime. It is a leading indicator of consumer inflation.
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous quarter.


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