NZ PPI concensus? | Forex Factory

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NZ PPI concensus?

  • #1
  • First Post: Aug 14, 2006 5:52pm Aug 14, 2006 5:52pm
"(NZ) 2Q PRODUCER PRICES; INPUTS QOQ: 2.7% V 1.8%E; OUTPUTS QOQ: 2.7% V 1.4%E" (From Trade The News)

These were the actual numbers for the NZ producer price data. The forex calendar on this site did not show those expectations. Does anyone know why the numbers were so different?
  • #2
  • Aug 14, 2006 5:57pm Aug 14, 2006 5:57pm
yeah seems we were a bit far off the consensus. like i said this is our first week posting NZ events maybe we only got the "consensus" from one analyst, i will check into this...
Relax and be happy.
  • #3
  • Aug 14, 2006 5:59pm Aug 14, 2006 5:59pm
btw, those were some really strong numbers! looks like a long to me!
Relax and be happy.
  • #4
  • Aug 14, 2006 6:32pm Aug 14, 2006 6:32pm
Yep. Thanks for checking on it merlin.
  • #5
  • Aug 14, 2006 6:46pm Aug 14, 2006 6:46pm
and thank you for bringing it up!

nice to see some news traders on here what about this jpn tertiary coming out in a few minutes, could move the market...
Relax and be happy.
  • #6
  • Aug 14, 2006 6:55pm Aug 14, 2006 6:55pm
Merlin did you see the number. The JPY numbers came out way worst than expected and didnt move the market much at all. I'm glad I decided to stop trading JPY news unless I know its a big event.
  • #7
  • Aug 14, 2006 6:57pm Aug 14, 2006 6:57pm
Quoting Crestwind
Merlin did you see the number. The JPY numbers came out way worst than expected and didnt move the market much at all. I'm glad I decided to stop trading JPY news unless I know its a big event.
yeah probably a good idea. but you have to realize the tertiary is a long ass report that must be read to get the full scoop. so the reaction is a bit slower, like FOMC. but nonetheless, i agree JPN is not the best news to trade.
Relax and be happy.
  • #8
  • Aug 14, 2006 7:04pm Aug 14, 2006 7:04pm
look at the jpn strengthen!! see what i mean about delayed reaction!?
Relax and be happy.
  • #9
  • Aug 14, 2006 7:18pm Aug 14, 2006 7:18pm
Quoting merlin
look at the jpn strengthen!! see what i mean about delayed reaction!?

Why yen strengthen, when report is WORSE then expected?
  • #10
  • Aug 14, 2006 7:21pm Aug 14, 2006 7:21pm
good question! i dont have the answer, but i know that the tertiary report is complex and has a lot of data. its not all about the headline number, like the CPI or Housing Starts is. i did not read it myself, but somebody did, and liked what they saw!
Relax and be happy.
  • #11
  • Aug 14, 2006 7:25pm Aug 14, 2006 7:25pm
Quoting merlin
good question! i dont have the answer, but i know that the tertiary report is complex and has a lot of data. its not all about the headline number, like the CPI or Housing Starts is. i did not read it myself, but somebody did, and liked what they saw!

Thanks Merlin!
Looks like NZD is getting it's groove on too.
  • #12
  • Last Post: Aug 14, 2006 8:43pm Aug 14, 2006 8:43pm
LOL who changed the subject of my post......LOL Big Brother!!!!!!!!!!!!
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