Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand ANZ Business Confidence climbed to 56.1 in July 2026
FMPMonthlyReleased July 2026
New Zealand ANZ Business Confidence climbed to 56.1 in July 2026, up 19.5 from June's 36.6 reading. The print exceeded the 36 consensus by 20.1. ANZ Business Confidence has now risen for 4 consecutive months. Over the past 3 months, ANZ Business Confidence averaged 23.3, vs 27.03 in the prior 3-month window. The reading is in the 52nd percentile of the trailing 24-month range.
Latest Release
56.1
Actual
36
Consensus
36.6
Previous
Median Absolute Error
±10.46
across last 12 releases
Last Call
Jul 2026
Predicted: 46.9
Actual: 56.1
Error: -9.2
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/JPY | ▲ Direct | +0.87 | FOREX | Moves with | → View |
| AUD/USD | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.32 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
ANZ Business Confidence (New Zealand) was reported at 56.10 in July 2026. This beat the market consensus of 36.00 by 20.10. The reading rose from the previous value of 36.60. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 50.60, ranging from 10.00 to 73.60 across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 34.23, down from the prior three at 51.93. Volatility over the past year (σ 17.37) is higher than the prior year (σ 8.34). In July readings over the past 3 years, ANZ Business Confidence has averaged 43.67.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/JPY (Bullish NZD). A secondary relationship exists with AUD/USD, negatively correlated (Bearish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 10.46.
WHAT TO WATCH NEXT
The next release is scheduled for August 31, 2026. Same-country events in the next 14 days include Employment Change QoQ (Aug 4) and Unemployment Rate (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
ANZ Business Confidence - NZ
Loading chart data...
About ANZ Business Confidence — New Zealand
DEFINITION
ANZ Business Confidence is a key financial indicator that measures the level of optimism or pessimism among businesses in Australia and New Zealand. It is based on a survey of business owners and managers, and provides valuable insights into the current and future economic conditions in these countries. A positive ANZ Business Confidence reading indicates a strong and growing economy, while a negative reading suggests a potential slowdown. This indicator is closely monitored by investors, policymakers, and analysts as it can impact business decisions and overall market sentiment.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 56.1, consensus 36. Prior reading (Jun 2026): 36.6. Before that (May 2026): 10.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with NZD/JPY (Bullish NZD, r=0.87) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - NZ Events
| Sunday, August 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | NZ | Building Permits MoM | -4 | -2.3 | -2.30 | Low | |