Fed speechs, Australian election outcome to impact NZ markets

Fed speechs, Australian election outcome to impact NZ markets
Jenny Ruth
By Jenny Ruth May 20 (BusinessDesk) - A plethora of United States Federal Reserve speakers at the Atlanta Fed's annual meeting this week ought to shed further light on where global interest rates are going. And the reaction to the Liberal Party's surprise win in Australia's federal election is likely to spill over into New Zealand markets. Fed chair Jerome Powell will speak on Monday evening and a dozen or so other Fed representatives are scheduled to speak, says Mark Lister, head of wealth research at Craigs Investment Partners. Al...

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The S&P/NZX 50 Index closed at 12,530.99, up 105.4 points or 0.85%.

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