NZD benefits from positive China data

Sun, 14 Apr 2019

By Rebecca Howard April 15 (BusinessDesk) - The New Zealand dollar was trading higher as a strong lift in China's exports and lending data and positive news from US-China trade talks helped ease concerns about a global slowdown. The kiwi was trading at 67.62 at 8am in Wellington versus 67.60 late Friday in New York and 67.37 US cents at 5pm in Wellington. The trade-weighted index was at 73.19 points from 73.17 in New York Friday and 73.06 points in Wellington. 'Broad improvement to risk appetite on the back of better-than-expected C...

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