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New Zealand data – November building permits +7% m/m (prior -10.7%)

New Zealand data – November building permits +7% m/m (prior -10.7%)

There has been a 3.2% increase in new house consents in October 2017 compared to the same month last year, Statistics NZ said. The NZD/USD exchange rate is barely changed, however. Traders are waiting for the United States CPI data on Thursday for risk sentiment guidance.

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