All News
NZ dollar slips after higher US inflation turns focus to tighter US monetary policy
By Tina Morrison June 18 (BusinessDesk) - The New Zealand dollar slipped after a report showing US inflation accelerated more than expected prompted investors to mull the outlook for tighter monetary policy in the world's biggest economy. The kiwi edged lower to 86.48 US ce...
While you were sleeping: US housing weakness
By Margreet Dietz June 18 (BusinessDesk) - Wall Street rose as investors eyed a two-day Federal Reserve meeting that finishes on Wednesday amid reports showing declines in both US housing starts and building permits, while consumer prices climbed the most in more than a year....
Dairy prices climb for the first time since February
By Margreet Dietz June 18 (BusinessDesk) - Dairy product prices rose for the first time since February in the latest GlobalDairyTrade auction, paced by butter milk powder, as buyers found value after the recent slide in prices. Expanding global milk supply and a drop in buy...
Prev
