Strong kiwi to weigh on domestic market; Aussie CPI in focus

Wed, 28 Oct 2020

Investors' interest in exporters into Australia - like AFT Pharmaceuticals, Kathmandu Holdings, Eroad – will be curbed by the strong kiwi dollar.On the flip side, Air New Zealand and Auckland International Airport will benefit as travel-starved Kiwis find a holiday across the ditch even more appealing as the NZ dollar stretches further. New Zealanders now have the option of travelling to Australia in a one-way travel bubble, although they do have to enter a 14-day quarantine upon their return. The kiwi was trading at 94.06 A...

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