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Nzd Ppi 4 replies

Any thoughts on NZD PPI Input q/q ? 1 reply

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NZD PPI report

  • #1
  • First Post: Nov 13, 2006 2:53am Nov 13, 2006 2:53am
The NZD PPI report is being released tomorrow morning New Zealand time.

Can anyone who has experience trading this particular report post their observations please as I have not as yet traded the NZD PPI????
  • #2
  • Edited 11:11am Nov 13, 2006 11:09am | Edited 11:11am
dear burger king do you have any info about this NZD news? any chart or historic chart? thank in advance
  • #3
  • Nov 13, 2006 11:23am Nov 13, 2006 11:23am
If it comes out negative it will run down 30 points then it will move up 120 points and you will wonder why it moved opposite of what you would think are fundamentals. then in 5 days when the hedgefunds propping up the kiwi because of its high interest rate pull out it will suddenly fall 150 points. If you've never played kiwi before I would stay out. you can make alot but you can lose alot too.
  • #4
  • Nov 13, 2006 11:27am Nov 13, 2006 11:27am
Your right about the Kiwi being propped up by hedge funds but it's not just that-Japanese citizens can buy NZ bonds at their banks so this works the same way-

The gov't of NZ wants the Kiwi to go down-it's really hurting their exports which are 30% of their GDP...I would look for the report to come out neg for the Kiwi-I think their gov't is putting out disinformation on things like this...
  • #5
  • Nov 13, 2006 11:51am Nov 13, 2006 11:51am
i am thinking to sell nzd before news tonight but i dont know how much
and we have tommoro nzd retail sales also
  • #6
  • Nov 13, 2006 12:20pm Nov 13, 2006 12:20pm
As we have PPI Input and Output out at the same time, which figure is more important, or will move the market more?
Forex rules
  • #7
  • Nov 13, 2006 4:17pm Nov 13, 2006 4:17pm
Quote
*(NZ) Q3 PPI INPUTS QOQ: 2.0% V 1.7%E; OUTPUTS: 0.7% V 1.7%E
- NZD/USD weakened (fell below $0.6600) after data was released, along with the AUD/USD
- NZD/USD hit session lows<NZD/USD>

Data is mixed - one good and one bad.

Anyone traded this piece of news was surely "dissapointed" with the meager movement that is confined within the spread of the broker. This is why I am totally NOT interested in quarterly AUD/NZD news after the last CPI data i gather from these two countries.
  • #8
  • Nov 13, 2006 4:26pm Nov 13, 2006 4:26pm
Quoting tar
we have tommoro nzd retail sales also
this is the ripper. last two have been huge.
Relax and be happy.
  • #9
  • Nov 13, 2006 4:27pm Nov 13, 2006 4:27pm
Quoting dsb104
As we have PPI Input and Output out at the same time, which figure is more important, or will move the market more?
input is usually more important. inflation on imported goods has more effect on the economy then inflation on exported goods.
Relax and be happy.
  • #10
  • Nov 13, 2006 4:28pm Nov 13, 2006 4:28pm
Quoting mohsen57
dear burger king do you have any info about this NZD news?
you start to rely on this guy, right? LOL yesterday i had a question and i went looking at bk's charts for the answer

Relax and be happy.
  • #11
  • Nov 13, 2006 11:51pm Nov 13, 2006 11:51pm
Quoting merlin
you start to rely on this guy, right? LOL yesterday i had a question and i went looking at bk's charts for the answer

yes, why not, thanks TK for his great works for his charts and efforts, i surely looking at TK charts all the times, thanks merlin and TK and other traders as well.
  • #12
  • Nov 14, 2006 12:57am Nov 14, 2006 12:57am
Quoting BurgerKing
Data is mixed - one good and one bad.

Anyone traded this piece of news was surely "dissapointed" with the meager movement that is confined within the spread of the broker. This is why I am totally NOT interested in quarterly AUD/NZD news after the last CPI data i gather from these two countries.
Not only that burger, i have the impression only bearish news move the kiwi these days!!

Sma
  • #13
  • Nov 14, 2006 4:02am Nov 14, 2006 4:02am
Quoting Sma
Not only that burger, i have the impression only bearish news move the kiwi these days!!

Sma
I have the same impression.

Several weeks ago, one of their leader (finance minister?) was furious with all the NZDJPY carry trades that is artificially bumping NZD up. NZD wants to devaluate to improve its international trade.

Perhaps, he learned to manipulate the market (NZD in particular) by fusing "bad" NZ data now..

Tommorrow:
NZ Retail Sales = -12%
NZDUSD drops 1000 pips!
NZ Leader all smiling! =)
  • #14
  • Nov 14, 2006 10:57am Nov 14, 2006 10:57am
Quoting BurgerKing
I have the same impression.

Several weeks ago, one of their leader (finance minister?) was furious with all the NZDJPY carry trades that is artificially bumping NZD up. NZD wants to devaluate to improve its international trade.

Perhaps, he learned to manipulate the market (NZD in particular) by fusing "bad" NZ data now..

Tommorrow:
NZ Retail Sales = -12%
NZDUSD drops 1000 pips!
NZ Leader all smiling! =)
I am lookign forward to the bad data of this afternoon Afterall, isnt the central bank the one who wants the kiwi to be around 0.64 in the first quarter of 2007? i read that somewhere in one of their releases! so i guess they're working on it!

Sma
  • #15
  • Nov 14, 2006 2:04pm Nov 14, 2006 2:04pm
[quote=merlin]you start to rely on this guy, right? LOL yesterday i had a question and i went looking at bk's charts for the answer


Yes, he doesn't know it, but I've learnt more from BurgerKing than from reading a million books. We love you BK - don't ever leave us
  • #16
  • Last Post: Nov 15, 2006 3:59pm Nov 15, 2006 3:59pm
Quoting BurgerKing
I have the same impression.


Several weeks ago, one of their leader (finance minister?) was furious with all the NZDJPY carry trades that is artificially bumping NZD up. NZD wants to devaluate to improve its international trade.

Perhaps, he learned to manipulate the market (NZD in particular) by fusing "bad" NZ data now..

Tommorrow:
NZ Retail Sales = -12%
NZDUSD drops 1000 pips!
NZ Leader all smiling! =)

If they really wanted to sink their currency all they need to do is lower the interest rate.
.25 or a .50 drop would cause that same 1000-1500 point drop
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