NZ dollar TWI climbs to 14-month high as strong US jobs report stokes risk appetite
By Paul McBeth July 11 (BusinessDesk) - The New Zealand dollar climbed to a 14-month high on a trade-weighted basis as a stronger than expected US jobs report stoked investors' appetite for risk-sensitive assets, boosting stock markets and commodity prices. The trade-weigh...
World Week Ahead: Fed, earnings return
By Margreet Dietz July 11 (BusinessDesk) - Investors will closely listen to a slew of Federal Reserve officials slated to speak this week after last Friday’s better-than-expected US jobs data to gauge the odds of a rate hike, while the Bank of England announces its first polic...
NZ dollar TWI heads for 1.7% weekly gain as rate cut bets pared back; US jobs report looms
By Paul McBeth July 8 (BusinessDesk) - The New Zealand dollar is heading for a 1.7 percent gain on a trade-weighted basis as economists pulled back their expectations for another interest rate cut after the Reserve Bank disappointed some in the market anticipating new tools wo...
National roll-out for investor mortgage lending restrictions fairly straightforward, banks say
By Paul McBeth July 8 (BusinessDesk) - The country's banks should find it relatively easy to deal with a national limit on the level of low-equity mortgage lending for investors given they're already in place in Auckland, according to their national lobby group. Reserve Ba...
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