HiFX Morning Update, February 19 2018

Press Release – HiFX

The NZDUSD opens at 0.7385 (mid-rate) this morning. US dollar weakness which saw the NZDUSD rate climb back above 0.7400 during our trading day on Friday, abated following better-than-expected US economic data. The USD rallied against its rivals … Read more »

Time to further soften LVRs, says realty head

Press Release – Century 21 Real Estate

Its time for the Reserve Bank to look at further softening its loan-to-value ratios, particularly for Auckland first-home buyers, says Geoff Barnett, National Manager of Century 21 New Zealand. Read more »

Is it Ripple or Bitcoin Bringing Life To Cryptos?

Press Release – ThinkMarkets

The bear market in cryptocurrencies is fading and the suggestion of new regulations in various countries is no longer powerful enough to maintain selling pressure. Read more »

AA rating a top result for Hastings

Press Release – Hastings District Council

The AA long-term credit rating awarded to Hastings District Council is confirmation that Councils financial management is strong and expected to remain so. Read more »

Century 21 announces Home Loans General Manager

Press Release – Century 21 Real Estate

Julius Capilitan has been appointed General Manager of Home Loans for Century 21 New Zealand. Mr Capilitan brings considerable retail and business banking experience including residential and commercial lending, insurance, and investments. He has … Read more »

Suncorp in no rush to ditch Tower stake

Article – BusinessDesk

Feb. 16 (BusinessDesk) – Suncorp New Zealand doesn’t see itself as a long-term shareholder in rival Tower after its $236 million takeover was rejected by the Commerce Commission but isn’t interested in a fire sale. Read more »

Taxpayers Being Fleeced Of $3 Billion

Press Release – Democrats for Social Credit

Yesterdays release of the latest KPMG Financial Institutions Performance Survey review shows New Zealand taxpayers are being fleeced of more than $3 billion dollars annually. Read more »

NZ Super Fund’s Matt Whineray to be acting CEO

Article – BusinessDesk

Feb. 15 (BusinessDesk) – New Zealand Superannuation Fund chief investment officer Matt Whineray will take over as acting chief executive when Adrian Orr leaves to take up his new role as governor of the Reserve Bank in March. Read more »

Volatile times – Risk On

Article – CMC Markets

Its a day for market clichs. Sell the rumour; buy the fact and risk on seem equally applicable. Read more »

Cryptocurrency education not regulation the way to go

Press Release – Southern Cross Partners

Resilience and nature of cryptocurrencies will defy lawmakers South Koreas recent attempt to regulate cryptocurrencies and calls for New Zealand to take the lead in this area are misguided because the very appeal of bitcoin is that it cant be … Read more »

Cryptocurrency education not regulation the way to go

Press Release – Southern Cross Partners

Resilience and nature of cryptocurrencies will defy lawmakers South Koreas recent attempt to regulate cryptocurrencies and calls for New Zealand to take the lead in this area are misguided because the very appeal of bitcoin is that it cant be … Read more »

NZ Post/Kiwibank support Red Cross Pacific Disaster Appeal

Press Release – NZ Post

New Zealand Post and Kiwibank are encouraging people to donate to the New Zealand Red Cross emergency appeal to help communities affected by Cyclone Gita in Tonga, Samoa and Fiji. Read more »

Robertson confident in NZ economy

Article – BusinessDesk

Feb. 14 (BusinessDesk) – Finance Minister Grant Robertson says he’s not immediately concerned interest rates will impact peoples’ abilities to pay their mortgages, but the government is “keeping an eye” on global market directions. Read more »

IAG’s first-half NZ earnings soar 231% on lack of quakes

Press Release – BusinessDesk

Feb. 14 (BusinessDesk) – Insurance Australia Group’s first-half earnings in New Zealand more than tripled as an absence of earthquakes and natural disasters kept a lid on claims for the country’s biggest general insurer. Read more »

Lunar New Year – A time for celebration and gratitude

Press Release – ANZ Bank

Lunar New Year A time for celebration and gratitude For entrepreneur Alex Su the Lunar New Year is time to celebrate and reflect on the life he has created in New Zealand. The 34-year-old came to New Zealand as a student 17 years ago and now … Read more »

Huge capital boost for Ngā Tangata Microfinance

Press Release – Nga Tangata Microfinance Trust

A massive funding injection will allow Ng Tangata Microfinance to help hundreds more vulnerable Kiwis to escape the punishing cycle of debt caused by predatory lending practices. Kiwibank has more than doubled the loan capital it provides to Ng Tangata … Read more »

Defined Returns keep Term Deposits Popular

Press Release – Canstar

In a low interest environment, mortgagees are able to take advantage of reduced mortgage rates but what about the people with money to save? How can they make the most of their investment? If you have a mortgage and have got some money to spare, … Read more »

American Express joins NZBA as affiliate member

Press Release – NZ Bankers’ Association

American Express joins NZBA as affiliate member The New Zealand Bankers Association today welcomed American Express as its latest affiliate member. We are delighted to have American Express join us as an affiliate member, says New Zealand Bankers … Read more »

Huge capital boost for Ngā Tangata Microfinance

Press Release – Nga Tangata Microfinance Trust

A massive funding injection will allow Ng Tangata Microfinance to help hundreds more vulnerable Kiwis to escape the punishing cycle of debt caused by predatory lending practices. Read more »

HiFX Morning Update, February 13 2018

Press Release – HiFX

The NZDUSD opens at 0.7246 (mid-rate) this morning. The AUD has been the strongest performer over the past 24hrs, with the NZD little changed against the other majors. The NZDUSD traded to a session high of 0.7275 but has failed to hold this level and … Read more »

« Previous PageNext Page »