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New Zealand PM Arden: business can be confident in this government

New Zealand PM Jacinda Ardern was on the wires last minutes, via Reuters, delivering a pre-budget speech in Wellington.

Key Headlines:

Business confidence decline reflects assumptions about her Labour-led government.

Data such as jobless rate and analysis by IMF suggest the economy is in good shape.

Economic growth set to remain strong, averaging 3%.

Unemployment is forecast to fall to government's 4% target.

Wages are forecast to rise on average by more than 3% a year.

Business can be confident in this government.

Australia's trade surplus unexpectedly expanded in April

Australia's trade surplus unexpectedly expanded to AUD 1527 million in March from the January surplus of AUD 1350 million revised up from 825 million)
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AUD/JPY is attempting gains after Upbeat Aussie data

Australia's trade surplus unexpectedly widened to AUD 1527 million in March from the upwardly revised February surplus of AUD 1350 million. Meanwhile
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