NZ dollar gets lift from China data but may be short-lived as global trade war fears remain

Wed, 14 Mar 2018

By Rebecca Howard March 14 (BusinessDesk) - The New Zealand dollar got a lift from data indicating the Chinese economy - the country's main trading partner - remains on a strong footing but jitters about a global trade war may knock the kiwi off its perch. The kiwi dollar traded at 73.39 as at 5pm in Wellington versus 73.22 US cents as at 8am in Wellington and 73.12 cents late yesterday. The trade-weighted index was at 75.07 from 74.92 yesterday. Chinese industrial production, fixed-asset investment and retail sales all came in higher...

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