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NZ dollar falls as rising US bond yields, stronger manufacturing data lift greenback

NZ dollar falls as rising US bond yields, stronger manufacturing data lift greenback

By Jonathan Underhill July 4 (BusinessDesk) - The New Zealand dollar fell, dipping below 73 US cents, as US Treasury yields reached their highest levels in almost two months and manufacturing data beat expectations, driving up the greenback. The kiwi traded at 72.94 US cent...

While you were sleeping: US manufacturing shows strength

While you were sleeping: US manufacturing shows strength

By Margreet Dietz July 4 (BusinessDesk) - The US dollar gained on better-than-expected manufacturing data, while Wall Street was mixed as bank stocks climbed and tech stocks slid.  US financial markets closed early on Monday and will remain closed on Tuesday for the July 4...

Margreet Dietz 03 Jul 2017
MARKET CLOSE: NZ shares fall; F&P Healthcare, Ebos drop while Air NZ, NZX gain

MARKET CLOSE: NZ shares fall; F&P Healthcare, Ebos drop while Air NZ, NZX gain

By Sophie Boot July 3 (BusinessDesk) - New Zealand shares fell in light trading, with Fisher & Paykel Healthcare giving back some of its June gains while Air New Zealand and NZX rose. The S&P/NZX 50 Index dropped 23.01 points, or 0.3 percent, to 7,588.43. Within the index,...

Sophie Boot 03 Jul 2017