
December 23, 2009
New Zealand Third Quarter GDP Missed Estimates, Economic Growth Continues
Economy expanded 0.2 percent in the third quarter, Statistics New Zealand reported today at 10:45 local time. The quarterly number missed the average estimate by 0.2 percent. New Zealand dollar fell against the yen and the US dollar after the report though the depreciation was somewhat limited. I made a very small profit by selling the NZDUSD after the news.


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