Article – BusinessDesk

May 14 (BusinessDesk) – The New Zealand dollar may extend its slide this week as investors digest weak data from China, the nation’s second-biggest export market, and the prospects for fresh elections in Greece. Read more »

Article – BusinessDesk

NZ retail sales fall 1.5% in 1Q as supermarkets, grocery stores report record decline Read more »

Article – BusinessDesk

May 14 (BusinessDesk) – The New Zealand dollar rose after China cut the amount of cash that banks must set aside for reserves, a move that may stoke lending and economic activity in the nation’s second-largest export market. Read more »

Article – Businesswire

World Week Ahead: The Greek dance continues By Margreet Dietz May 14 (BusinessDesk) – After a week of intense negotiations, it seems that the differences over the terms of the international bailout for Greece are too vast for the nation’s political parties … Read more »

Article – BusinessDesk

May 11 (BusinessDesk) – The New Zealand dollar is poised for a 1.4 percent decline this week as the Greek Parliament struggles to form a coalition government almost a week on from its election, sapping investors’ appetite for risky assets. The New … Read more »

Article – BusinessDesk

>h3>NZ credit, debit card spending rises 0.6% in April, snapping two monthly declines Read more »

Article – BusinessDesk

NZ dollar holds near 4-month low after EU pledges bailout, US jobless claims fall Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – The New Zealand dollar fell against its Australian counterpart after the unemployment rate across the Tasman dropped below 5 percent for the first time in a year. Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – Kiwi firms are lagging behind the global average for cross-border mergers and acquisitions and need to be more active if they are to compete internationally, says Grant Thornton. Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – The New Zealand dollar held near a four-month low as Greek politicians struggled to form a new government, heightening speculation the nation may leave the euro and sapping risk appetite. Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – The New Zealand dollar extended its decline through the local session amid concerns Greece won’t be able to form a government after its general election threw up a hung parliament, stalling Euro-zone-wide budget cuts designed … Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – New Zealand’s growth prospects and its financial stability in a world contending with a European sovereign debt crisis and lukewarm US economy have stoked demand for the currency, according to Reserve Bank Deputy Governor Grant … Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – The Reserve Bank of New Zealand’s view that the kiwi dollar is set to fall further has reduced prospects of a cut in an official cash rate that is already at a record low, economists say. Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – The Reserve Bank of New Zealand expects global reinsurers to pass on their mounting cost of the Canterbury earthquakes to their customers, with another round of hikes to their premiums. Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – The New Zealand dollar may depreciate as the price of locally produced raw materials declines and global market sentiment deteriorates, according to the Reserve Bank. Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – New Zealand banks have increased their use of covered bonds and retail deposits to pay for their lending programmes as the cost of sourcing money from overseas threatens to keep rising. Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – The New Zealand dollar fell to a four-month low and may extend its decline amid concern the commitment of new euro zone governments such as in Greece and France to austerity measures may waiver, undermining the region’s … Read more »

Article – BusinessDesk

May 8 (BusinessDesk) – New Zealand shares rose , led by Chorus as some investors bought the phone network company at a 5-month low. Exporters Rakon and Fisher & Paykel Appliances gained as the kiwi dollar held below 80 US cents. Read more »

Article – BusinessDesk

May 8 (BusinessDesk) – The New Zealand dollar fell in local trading after a bigger-than-expected Australian trade deficit sapped demand for the trans-Tasman currencies ahead of Australia’s federal budget tonight. Read more »

Press Release – Direct FX

Foreign exchange markets finally broke out of their recent sideways trading range last week. Increased uncertainty stemming from various political and economic forces have driven the moves. Risk aversion has increased as economic indicators again point … Read more »