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Daily Alert: NZ ends 2020 with a gangbuster GDP lift

  • Yesterday’s NZ GDP result confirmed the NZ economy is recovering much stronger and much faster than previously expected.
  • The Bank of England opted to leave its policy rate on hold at 0.1% in its last announcement of the year, as had been widely expected.
  • There are three final pieces of domestic data for 2020 out this morning, with ANZ Consumer Confidence out at 10am, the November Trade balance at 10.45am and the ANZ Business Outlook survey at 1pm.

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