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NZ Dollar Outlook Kiwi soft as RBNZ holds off, Fed tapers, amid emerging market woes
By Tina Morrison Jan 27 (BusinessDesk) – The New Zealand dollar may decline this week on the expectation the Reserve Bank could disappoint some investors by holding off on interest rate rises as the greenback is bolstered by US Federal Reserve tapering and concerns linger about...
World Week Ahead Fed meets, Apple reports
Jan 27 (BusinessDesk) – The US Federal Reserve is expected to announce a further easing to its monthly bond-buying programme this week, just as equity markets were spooked by signs of slowing growth in China and a sell-off of emerging markets’ currencies last week. China’s fact...
NZ services sector activity expands in December for eighth month
Jan. 27 (BusinessDesk) - New Zealand services sector activity picked up in December for its eighth monthly expansion, in the latest sign the economy is gathering momentum. The BNZ-BusinessNZ performance of services index rose 1.1 points to 57.5 in December, and was up from 52....
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