NZ FinMin Robertson: It’s time to cheer up the economy

New Zealand’s Finance Minister Grant Robertson reportedly said that “it’s time to cheer up the economy”, during a speech in parliament.
Additional Comments:
“NZ economy fundamentals sound.”
“Keep an eye on global developments.”
“Budget due on May 30 will have supportive policies for the economy.”
Meanwhile, the Kiwi trades modestly flat near 0.6535 levels, lacking direction amid dovish RBA minutes and US-China trade optimism.
The NZ traders eagerly await the fortnightly GDT dairy auction results due later today around 1400 GMT.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















