News Headline Summary

New Zealand's finance minister says the government is committed to returning to surplus by 2014/15


- New Zealand unemployment rate is too high.
- NZ exchange rate is higher than we are comfortable with.

Reaction details (21:13)

- No reaction seen in NZD/USD to the comment, currently trading at 0.8191 (+17 pips) last.

Analysis details (21:22)

- As a guide unemployment in New Zealand for Q3 currently stands at 7.3%.

13 Nov 2012 - 21:09 - Equities Economic Commentary - Source: Newswires

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