Breaking: New Zealand GDP smashes expectations at 2.8% vs 1.3% exp QoQ

New Zealand Gross Domestic Product beat expectations by a mile coming in at 2.8% vs 1.3% expected for the second quarter. For the year, it also beat with a score of 17.4% vs 16.3% expected.

In a soft US dollar environment, the bird has taken off through to 0.7135 and eyes a test of 0.7150 for the sessions ahead. 

More to come...