NZD/USD gathers strength above 0.5650 as China unveils fresh stimulus measures

• NZD/USD recovers to around 0.5670 in Thursday's Asian session.
• Trump tariff threats could weaken the Kiwi in the near term.
• Chinese officials announced fresh measures to boost long-term funds for equity markets.

The NZD/USD pair trades in positive territory around 0.5670 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher following the announcement about fresh stimulus measures from China and New Zealand. Traders will keep an eye on the US weekly initial Jobless Claims data, which is due later on Thursday. 

Trump said that the administration was considering imposing a 10% tariff on Chinese-made goods arriving in the US from as early as 1 February. This action came a day after Trump stated that he was thinking about introducing 25% tariffs on imports from Mexico and Canada on February 1. The concerns about the renewed trade war between the US and China, along with the Trump tariff threats, could exert some selling pressure on the China-proxy Kiwi, as China is a major trading partner to New Zealand. 

On the other hand, fresh stimulus measures from New Zealand and China might help limit the NZD's losses. Early Thursday, Prime Minister Christopher Luxon announced that the country will loosen foreign investment regulations to attract and support foreign investors into New Zealand. 

Additionally, Chinese officials on Thursday introduced several measures to stabilize its stock markets, including allowing pension funds to increase investments in domestic equities. Chinese authorities said there will be hundreds of billions of Yuan in new long-term capital for A-shares every year from state-owned insurance companies. Large state-owned commercial insurance companies still have room to increase their capital market investment.