New Zealand Trade Balance (MoM) above expectations ($-26.5B) in December: Actual ($-159M)

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US stocks closed sharply low as the Fed spoiled the party

The US stocks market closed down after a choppy day that started with gains amid better than expected corporate earnings such as Apple $AAPL, Yahoo $YHOO, Boeing $BA; however the FOMC statement reaffirmed its intention to remain 'patient' on hiking rates but it's "likely to occur sooner than currently anticipated".
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New Zealand Trade Balance (YoY) came in at $-1.15B below forecasts ($-0.98B) in December

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