NZ shares to rise after key bogeymen vanquished, at least for now

Sun, 02 Dec 2018

By Jenny Ruth Dec. 3 (BusinessDesk) - Expect share markets both in New Zealand and around the world to rally today after two of the bogeymen spooking investors have abated, at least for now. Bogeyman one was the trade war between China and the United States. They called a truce when their presidents, Xi Jinping and Donald Trump, met for dinner at the G20 meeting in Buenos Aires over the weekend. And bogeyman two was the threat of higher US interest rates. US Federal Reserve chair Jerome Powell last week moderated his stance to interest...

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