NZ dollar stalled; US-China trade deal may be postponed

NZ dollar stalled; US-China trade deal may be postponed
Jenny Ruth
The New Zealand dollar was treading water after a report that the US and China won't be signing their phase-one trade deal this year after all. The kiwi was trading at 64.08 US cents at 5pm in Wellington from 64.10 at 8:20am. The trade-weighted index was at 70.94 from 70.96. Reuters cited trade experts and those close to US President Donald Trump as saying signing the deal could be pushed into 2020 as China seeks more extensive tariff rollbacks. That's with another round of US tariffs on Chinese imports set to take effect from Dec. 15....

More Markets

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025