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NZ dollar jumps to two-week high vs pound on Bank of England rates outlook
By Jonathan Underhill Nov. 3 (BusinessDesk) - The New Zealand dollar gained to a two-week high against the pound after the Bank of England raised interest rates for the first time in more than 10 years but said further hikes would be gradual, a more dovish view than the market...
MARKET CLOSE: NZ shares gain on A2, Synlait, Comvita bounce; Metro Glass falls
By Sophie Boot Nov. 2 (BusinessDesk) - New Zealand shares followed A2 Milk's recovery upwards today, with Synlait Milk and Comvita also bouncing while Metro Performance Glass continued its downward trajectory. The S&P/NZX50 Index gained 29.25 points, or 0.4 percent, to 8,08...
NZ dollar gains on reports Trump has tapped Powell as new Fed chair
By Rebecca Howard Nov. 2 (BusinessDesk) - The New Zealand dollar gained on reports that US President Donald Trump has selected Jerome Powell as the next chair of the US Federal Reserve although traders say the bounce may be short-lived. The kiwi rose to 69.22 US cents as a...
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