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Nzd Retail Sales

  • #1
  • First Post: Mar 12, 2007 1:24pm Mar 12, 2007 1:24pm
hi guys, what about trading this today? any ideas...the forecast is 0,2.
in most of cases there were usually higher actual number than the forecast.
so i can guess about 0,5 ....

share yr ideas....thx
  • #2
  • Mar 12, 2007 1:32pm Mar 12, 2007 1:32pm
take a look at bottom line, there is more than 3 topic already created for this news, you can ask your questions there instead of opening new thread and i think that would be better for some people to make attention... only my guess
  • #3
  • Mar 12, 2007 1:36pm Mar 12, 2007 1:36pm
Quoting maxiss
hi guys, what about trading this today? any ideas...the forecast is 0,2.
in most of cases there were usually higher actual number than the forecast.
so i can guess about 0,5 ....

share yr ideas....thx
how do you know about 0.5? can you explain more, thanks
  • #4
  • Mar 12, 2007 1:47pm Mar 12, 2007 1:47pm
that is only guess nothing else, which is made for historic charts and averages...maybe it is wrong...but i am for positive numbers
  • #5
  • Mar 12, 2007 5:03pm Mar 12, 2007 5:03pm
Quoting maxiss
that is only guess nothing else, which is made for historic charts and averages...maybe it is wrong...but i am for positive numbers

Great shot maxiss, this is exactly came what you said, 0.5, well done
  • #6
  • Mar 12, 2007 5:21pm Mar 12, 2007 5:21pm
0.5 was probably not enough to sustain a move....there was a short spike in the the NZD/JPY about 34 pips...nothing earth shattering I guess.. But it is some pips none the less if u got in quick enough
  • #7
  • Mar 12, 2007 5:34pm Mar 12, 2007 5:34pm
0.5 IS a big deviation for this one. The revision was NZD negative though so restraining the movememnts.

Revisions was a big thing on UK and US news... perhaps it is slowly creeping into the NZD news....so THREAD CAREFULLY!
  • #8
  • Mar 12, 2007 5:46pm Mar 12, 2007 5:46pm
BK quick question if u don't mind....what did U have as the forecast fig? I know FF had .2 just wondering coz the consensus varied a bit..
  • #9
  • Last Post: Mar 12, 2007 8:27pm Mar 12, 2007 8:27pm
My clues (instinct) were:

1. NZD Rate Hike suggesting high inflation; high inflation is always equated with robust economy.

2. Last RS was 0.7 - that was for December. 0.2 for January is way too low.

I was hoping it to be 0.4 or better.
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