Definition
[U]The difference in value between [B]New Zealand’s [/B]imports and exports[/U]. A positive trade balance (trade surplus) means that exports are higher than imports, while a negative trade balance (trade deficit) indicates higher imports than exports.
Frequency
Monthly
Why should I care?
Aside from its possible impact on local production and employment, export demand is also linked to currency demand because buyers from other countries usually pay in the exporters’ local currency
I’ve been going through the economic calendar today, focusing on the USD & JPY events, and I don’t know if they are supposed to be like they are, or not, but they don’t seem quite right.
For example on 11/14 JPY Industrial Production (Final) it only has the “OlsenScale” info…not anything else to explain what it’s all about.
Not only that one…JPY Capacity Utilisation a 2nd (???) JPY Industrial Production (Final) …which shows a scale from 2005/6???.. and 11/15 JPY BOJ MPC Interest Rate decision… as per below
Also, it seems if you click on either the “History” or “OlsenScale” tabs, and then try to go back to another tab, nothing happens…you have to exit out of this screen and go back in.
We’ve been looking at our calendar trying to figure out what’s causing this. We’ll have to get in touch with our engineers to try and figure out what’s wrong and how we can solve this.
I’m sorry you’ve been encountering these calendar issues. If I can fix them with a snap of a finger, I really would’ve done that for you! We’re just really thankful we have you to point them all out to us.
We’ll definitely be doing more investigation on this and as always, will keep you updated.
