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NZ dollar follows stocks, commodities lower as BoE warns of Brexit risks
By Paul McBeth July 6 (BusinessDesk) - The New Zealand dollar followed global stock markets and commodity prices lower as the Bank of England highlighted the European Union exit as a key risk to the economy, sapping investors' appetite for risk-sensitive assets. The kiwi f...
While you were sleeping: Brexit jitters return
By Margreet Dietz July 6 (BusinessDesk) - Equities slid with the British pound after a Bank of England warning about challenging risks renewed concerns about the UK’s plan to exit the European Union, and its impact on the global economy. In its semi-annual Financial Stabili...
Dairy product prices slip on ample global supplies
By Margreet Dietz July 6 (BusinessDesk) - Dairy product prices moved lower at the Global Dairy Trade auction, with a decline in whole milk powder amid plentiful supply. The GDT price index fell 0.4 percent to US$2,345, down from US$2,339 at the previous auction three weeks...
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