NZ dollar falls on weak Aussie jobs numbers, poor China data

NZ dollar falls on weak Aussie jobs numbers, poor China data
Jenny Ruth
The New Zealand dollar was weaker, dragged lower by unexpectedly weak jobs numbers in Australia and a raft of soft Chinese data. The kiwi was trading at 63.88 US cents at 5pm in Wellington from 64.06 cents at 8am. The trade-weighted index was at 70.75 points from 70.88. The Chinese data showed retail sales rose 7.2 percent in October compared with the same month last year, below the 7.9 percent increase economists had expected. Industrial output growth of 4.7 percent in the month was also weaker than expected. The Australia data showed...

More Markets

How Sharesies is providing ‘patient’ capital for listeds
Finance

How Sharesies is providing ‘patient’ capital for listeds

The online platform is being tapped for bookbuilds and dividend reinvestment plans.

NZX rallies 0.87% as tariff uncertainty eases
Markets Market Close

NZX rallies 0.87% as tariff uncertainty eases

Skellerup bounced 4.11% as investors digested easing tariffs. 

Gregor Thompson 13 May 2025
Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Ian Llewellyn 13 May 2025
Vista to take 25 Picturehouse Cinema sites to the cloud in 2025
Markets

Vista to take 25 Picturehouse Cinema sites to the cloud in 2025

The listed cinema software firm has its AGM on May 21.