At 00:45 (GMT+2), data on Electronic Card Retail Sales in New Zealand for July will be published. The indicator measures monthly the volume of goods sold by retailers paid using electronic cards and is an important indicator of consumer spending. It is expected that in July the indicator will grow from 1.1 to 2.2% YoY and from 0.0% to 0.6% MoM. The implementation of forecasts can strengthen the position of NZD.
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