Forecasts for New Zealand’s labour cost index in the third quarter are at 2.1%

    by VT Markets
    /
    Nov 5, 2025
    The New Zealand Labour Cost Index for the third quarter showed a 2.1% increase compared to last year, matching expectations. This data reflects wage growth trends that influence inflation and monetary policy. In market news, the EUR/USD pair has stayed strong around 1.1500, amid caution about European Central Bank (ECB) policies. On the other hand, GBP/USD has dropped to new lows, and gold has fallen to a three-day low of about $3,930. Ethereum’s price fell below $3,500 due to cash outflows from exchange-traded funds (ETFs). The upcoming week may bring changes in risk sentiment following recent events. Additionally, DeFi platforms are facing scrutiny after a $120 million hack on Balancer. In 2025, various brokers will be evaluated for their suitability for traders, focusing on spreads, leverage, and platform features. This includes an overview of top brokers in the Mena and Latam regions, as well as advice on selecting regulated brokers, including those offering Islamic and swap-free accounts. FXStreet includes a disclaimer that alerts readers to the risks and uncertainties linked to the market profiles and instruments discussed. Investors should make decisions after conducting their own research, as these statements are not recommendations to buy or sell. Reflecting on third-quarter data, the 2.1% labour cost index in New Zealand was manageable, aligning with initial expectations. However, wage pressures have increased, with the latest data for Q3 2025 showing a sharper 3.2% year-on-year rise. This ongoing inflation trend suggests that the Reserve Bank of New Zealand will continue its strict stance, prompting caution for traders betting on a weaker NZD. The currency market has changed significantly since the euro was around 1.1500 against the dollar. Currently, the EUR/USD is trading close to 1.0950 due to the dollar’s strength, supported by a robust US economy. Recent comments from the European Central Bank indicate that more easing may be needed to address weak growth, making it wise to consider options that protect against a drop below 1.0800. At that time, gold was near a very high price of $3,930, reflecting global uncertainty and inflation worries that peaked in 2024. Now, with gold trading closer to $3,550 and the latest US Consumer Price Index for October 2025 at a moderate 2.5%, the intense flight to safety has lessened. This signals a likely decrease in call option volatility, and traders should consider strategies for a more stable, yet still high, price range. The digital asset market has matured since times when Ethereum dipped below $3,500 due to ETF outflows and significant DeFi hacks. Today, with Ethereum trading around $4,800, a clearer regulatory landscape has attracted substantial institutional investment, reducing the extreme volatility of the past. Derivative positions should now factor in macroeconomic data’s influence over specific platform security issues.

    here to set up a live account on VT Markets now

    see more

    Back To Top
    server

    Hello there 👋

    How can I help you?

    Chat with our team instantly

    Live Chat

    Start a live conversation through...

    • Telegram
      hold On hold
    • Coming Soon...

    Hello there 👋

    How can I help you?

    telegram

    Scan the QR code with your smartphone to start a chat with us, or click here.

    Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.

    QR code