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XE Morning Update

Press Release – XE.com

The NZDUSD opens at 0.6453 (mid-rate) this morning. News that the US are to delay its latest round of tariffs on some Chinese imported goods has seen US equity markets and bond yields spike higher. Earlier this morning a US Trade Representative announced … Read more »

Meat prices boost July food prices

Article – BusinessDesk

Aug. 13 (BusinessDesk) – Rising chicken, lamb and beef prices helped push New Zealands food prices higher in July. Read more »

Our Take – An encouraging sign from the housing market

Press Release – Kiwibank

Amongst the soft REINZ housing market data in July there were some encouraging signs. Auckland posted a second consecutive, and decent monthly increase, in sales activity. Sales activity tends to lead prices. National house price appreciation … Read more »

XE Morning Update – NZ

Press Release – XE.com

The NZDUSD opens lower at 0.6447 this morning. The NZD tracked global equity markets lower as risk assets slipped on continuing concerns about global growth, US-China trade dispute, and political tensions. The yield on 30-year US Treasury bonds fell … Read more »

Prime Minister in denial on the economy

Press Release – New Zealand National Party

The latest attempt by the Prime Minister to lay all of the blame for our countrys economic slowdown on global factors shows she is in denial about the effects of her Governments inept economic management, Nationals Finance Spokesperson Paul … Read more »

Farmers even gloomier about economy on heightened trade fear

Article – BusinessDesk

Aug. 12 (BusinessDesk) – New Zealand’s farmers got even gloomier about the state of the economy as the lingering US-China trade stoush and looming Brexit deadline threaten to undermine global trade. Read more »

From rock star to rock bottom economy

Press Release – New Zealand National Party

Negative interest rates and quantitative easing are closer to becoming a reality in this country thanks to this Governments bad economic management, Leader of the Opposition Simon Bridges says. The Reserve Bank has slashed interest rates … Read more »

XE Morning Update

Press Release – XE.com

The NZDUSD opens at 0.6468 (mid-rate) this morning. Markets were once again dominated by Trump comments on Friday with the US President announcing to reporters that the US are not going to do business with Huawei. Trump also cast doubts as to whether … Read more »

Are Kiwi investors overly exposed to the New Zealand economy

Press Release – Kiwi Wealth

Many New Zealanders could be putting their investments at risk by focusing too much on the local economy. Kiwi Wealths State of the Investor Nation report found that 71% of New Zealanders dont believe they have a diversified portfolio, with the … Read more »

RBNZ’s Orr says investors need to put their money to work

Article – BusinessDesk

Aug. 8 (BusinessDesk) – Reserve Bank governor Adrian Orr downplayed concerns that depositors will be hard hit by the latest rate cut, arguing that investors need to put their money to work better. Read more »

Government infrastructure hole slowing the economy

Press Release – New Zealand National Party

The Governments failure to deliver more, high quality infrastructure is slowing the economy and contributed to the Reserve Banks historic decision to cut the Official Cash Rate to just one per cent, Nationals Finance Spokesperson Paul Goldsmith … Read more »

Are Kiwi investors overly exposed to the economy?

Press Release – Kiwi Wealth

Many New Zealanders could be putting their investments at risk by focusing too much on the local economy. Read more »

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