New Zealand economy issued the fourth-quarter GDP, where it shrank to 0.3%, compared with the prior reading of 0.8%,which was revised to 0.7%, also it missed expectations of 0.6%.

Also, the annualized GDP for the fourth quarter, which was expected to expand, it missed expectations of 2.2%, and widened to 1.8%, which is slower than the prior reading of 1.9%.