NZ dollar rises on positive sentiment ahead of key US jobs data

NZ dollar rises on positive sentiment ahead of key US jobs data
Jenny Ruth
The New Zealand dollar continued to rise as sentiment towards riskier assets, particularly US equities, remained positive and on greenback weakness ahead of US jobs data. The kiwi was trading at 64.93 US cents at 5pm in Wellington from 64.42 cents at the same time yesterday while the trade-weighted index was at 71.85 from 71.41. The US non-farm payrolls data for June will be released in the early hours of Friday, NZ time. They're being released a day earlier than usual because the July 4 Independence Day holiday falls on Saturday so the U...

More Markets

Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Listed property firms welcome ‘Investment Boost'
Property

Listed property firms welcome ‘Investment Boost'

The tax policy could translate into millions in extra cash.

Drury’s ASX stag, MetroGlass’s new owner, and more
Markets Small Cap Wrap

Drury’s ASX stag, MetroGlass’s new owner, and more

Rod Drury goes ‘pre-revenue’ again, plus small cap news from NZ.