06.03.2015 - Moody's has maintained a stable rating outlook of New Zealand

International rating agency Moody's confirmed the rating of New Zealand at AAA. In the agency's report, was stated that the economy shows steady growth despite falling prices for dairy products, which is a key export commodity of the country. The construction sector was one of the drivers of economic growth. According to analysts' forecasts, GDP growth in New Zealand will be 3.0% and in the 2015-2016 fiscal year will be completed with a budget surplus. We recommend holding short positions in New Zealand dollars, but do not exclude the price correction in the near future.

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