The New Zealand economic calendar closed out the week on a strong note. Consumer spending, through the use of credit, rose 5.8 percent in the year through May - suggesting domestic demand is strong enough to overcome the RBNZ?s efforts to dampen inflation and the consumer penchant for spending.
No major economic indicators will be released on Monday.
[B]Next 24 Hours:
[/B] No economic data is due for release on Monday.
[B]Last 24 Hours:
[/B]- [B]Credit Card Spending (YoY) (MAY)
[/B] Actual: 5.8%
Previous: 7.8%
See Daily FX Weekly Calendar for more details: