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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand CFTC New Zealand Speculative net positions climbed to -52,089 in December 2024
FMPMonthlyReleased January 2025
New Zealand CFTC New Zealand Speculative net positions climbed to -52,089 in December 2024, released January 2025, up 2,535 from November's -54,624 reading.
Latest Release
-52089.000000
Actual
—
Consensus
-54624.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CFTC New Zealand Speculative net positions (New Zealand) was reported at -52,089.00 in January 2025. The reading rose from the previous value of -54,624.00.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -40,934.33, down from the prior three at -22,042.33.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include RBNZ Interest Rate Decision (May 27) and Monetary Policy Statement (May 27).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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CFTC New Zealand Speculative net positions - NZ
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About CFTC New Zealand Speculative net positions — New Zealand
DEFINITION
The CFTC New Zealand Speculative net positions is a financial indicator that tracks the net positions of speculative traders in the New Zealand market. It provides valuable insights into the sentiment and expectations of these traders, which can impact the overall market trends and movements. This indicator is widely used by investors and analysts to make informed decisions and assess the level of risk in the New Zealand market.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2025): actual -52,089. Prior reading (Dec 2024): -42,507. Before that (Dec 2024): -28,207.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.