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New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

2024-11-15 1343

(fxcue news) - The services sector in New Zealand continued to contract in October, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 46.0. That was up from 45.7 in September, although it remains well beneath the boom-or-bust line of 50 that separates expansion from contraction. Among the individual components, sales (44.3), employment (46.4), new orders (48.1), inventories (47.2) and supplier deliveries (46.9) were all solidly in contraction territory. "Although it is contracting at a much slower pace than it was in June when the PSI was 41.1, the PSI has been hovering between 45 and 46 over the last four months. The activity outlook for the sector has improved in recent business surveys, but the here and now remains extremely challenging," said BNZ Senior Economist Doug Steel.

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New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

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New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

Thai Shares Tipped To Open In The Red On Friday

Pound Slides On Disappointing U.K. GDP Data

Japanese Market Significantly Higher

South Korea Stock Market Poised To Extend Friday's Losses

Japan Core Machinery Order Data Due On Monday

Canadian Market Settles Lower; TSX Sheds 0.6%

New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

EU Forecasts Eurozone Growth To Pick Up Despite Heightened Uncertainty

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Trader

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

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New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

Thai Shares Tipped To Open In The Red On Friday

Pound Slides On Disappointing U.K. GDP Data

Japanese Market Significantly Higher

South Korea Stock Market Poised To Extend Friday's Losses

Japan Core Machinery Order Data Due On Monday

Canadian Market Settles Lower; TSX Sheds 0.6%

New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ

EU Forecasts Eurozone Growth To Pick Up Despite Heightened Uncertainty

Please sign in

Trader

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

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