New Zealand trade surplus eases on MoM, improves YoY in June, NZD/USD stays pressured below 0.6200

As per the latest New Zealand (NZ) foreign trade numbers from the New Zealand Statistics, the headline Trade Balance drops to $9M MoM in June versus $52M prior (revised). That said, the annual trade deficit eased to $15.98B for the said month versus $-17.12B prior figures (revised from $-15.64B).

more to come