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ANZ Bank released its latest business sentiment survey for New Zealand on Friday. The ANZ business confidence index for New Zealand rose to 23.0% in December from 14.6% in November. The index means that 23% of respondents expected the country's economy to improve over the coming year.
"New Zealand remains the two-bit player at the international roulette table. Volatility across equities, commodities, the NZD and international economies is here to stay. Where China and the export price toboggan settle remains uncertain. We're cautious," the ANZ Chief Economist Cameron Bagrie said.
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