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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...
MARKET CLOSE: NZ shares fall, led by Trade Me; F&P Healthcare drops as kiwi gains
By Jonathan Underhill July 8 (BusinessDesk) - New Zealand shares fell, led by Trade Me Group, as some investors were happy to book profits on a market that has gained 11 percent this year. Fisher & Paykel Healthcare dropped on concern a strong kiwi dollar will hurt exporters....