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NZ data – ANZ Roy Morgan Consumer Confidence for November: 80.7 (previous 85.4) | Forexlive

New Zealand data to kick off the Asian session.

Consumer sentiment slipping further into pessimistic territory (below 100). The Reserve Bank of New Zealand is aggressively moving to contain inflation by raising rates. The Bank is expecting the NZ economy to slip into a recession. Consumers look like they fully agree.