NZ dollar gains amid rising optimism for US-China trade pact

NZ dollar gains amid rising optimism for US-China trade pact
Jenny Ruth
By Jenny Ruth Jan. 9 (BusinessDesk) - Financial markets have taken the fact that the US-China trade talks in Beijing carried on into a third unscheduled day as a positive, boosting the fortunes of riskier assets including the New Zealand dollar. The kiwi was trading at 67.50 US cents at 5pm in Wellington from 67.22 at 8.30am. The trade-weighted index rose to 73.26 points from 73.03. “Everyone expects Donald Trump to want to make a deal because he will want the markets to go up and make him look good,” says Mitchell McIntyre at HiFX....