New Zealand May Building Permits expected to rise slightly - TD Securities

FXStreet (Łódź) - Tim Davis, Vice President and Global Strategist at TD Securities predicts that with Q1 data out of the way it’s back to high-frequency data watching and New Zealand's Building Permits for May are expected to tick up a little higher.

Key quotes

"With cash rates and the NZD rising we expect a further tick lower in the ANZ measure of business and consumer sentiment for June."

"Commodity prices are worth a glance to look out for bright spots in the otherwise recent dour performance of dairy in June."