Economy stories - Page 8
NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
NZ consumer confidence edges up in March, boding well for economic growth
Fri, 20th Mar 2015
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roy morgan research
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growth
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economy
New Zealand's consumer confidence index rose to 124.6 in March from 124 in February, signalling optimism for economic growth in 2015.
NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions
Thu, 19th Mar 2015
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nzx
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new zealand dollar
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inflation
Kiwi currency soars as Fed's cautious stance leads to US dollar sell-off, with traders abandoning bullish bets.
NZ economy grows 0.8% in fourth quarter, on tourist spending, heated housing market
Thu, 19th Mar 2015
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inflation
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tourism
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growth
The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand fo.
NZ dollar gains vs. Australian dollar on RBA rate view, as dairy auction, Fed awaited
Wed, 18th Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar gained against the Australian dollar after minutes of the last Australian central bank meeting showed it considered cutting int.
NZ current account deficit widens in 4th-qtr, as foreign companies earn more
Wed, 18th Mar 2015
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new zealand dollar
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economy
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gdp
New Zealand's current account deficit swells to NZD $2.6 billion in Q4, driven by higher foreign earnings from local investments amid a growing economy.
While you were sleeping: Weak data quell rate rise fear
Tue, 17th Mar 2015
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wall street
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stock market
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nasdaq
Wall Street advanced as weaker-than-expected data on US manufacturing and the housing industry bolstered hopes the Federal Reserve might affirm that i.
NZ services sector slows, remains in expansion in February as sales pick up
Mon, 16th Mar 2015
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sales
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employment
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expansion
New Zealand's services sector, which makes up about two thirds of the economy, slowed in February while remaining in expansion, led by sales, with sig.
PM Key says Indian FTA would reduce reliance on China
Fri, 13th Mar 2015
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edutech
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market
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investment
Prime Minister John Key says a free trade agreement with India would help New Zealand reduce its dependence on the Chinese market, which is the countr.
NZ dollar extends gains after upbeat RBNZ, weaker US retail sales
Fri, 13th Mar 2015
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rbnz
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new zealand dollar
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kiwi
The New Zealand dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy and as the greenback d.
NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook
Thu, 12th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar gained after Reserve Bank governor Graeme Wheeler kept the benchmark interest rate unchanged, saying the local economy was in a.
While you were sleeping: Dollar strength hits stocks, oil
Wed, 11th Mar 2015
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nzx
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wall street
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stock market
Wall Street dropped as the US dollar continued to strengthen amid bets the US Federal Reserve will raise interest rates soon.
Don't wait for FTA before acting on India, says India-NZ business council chair
Thu, 5th Mar 2015
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india-new zealand business council
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investment
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trade
New Zealand companies looking to do business in India should move beyond a mutual love of cricket and not wait for a free-trade agreement before seeki.
NZ Dollar Outlook: Kiwi at the mercy of overseas moves this week
Mon, 2nd Mar 2015
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fonterra
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new zealand dollar
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inflation
The New Zealand dollar will probably be at the mercy of overseas news this week with several central bank meetings and key data releases.
NZ dollar gains after Chinese central bank cuts rates to stimulate demand
Mon, 2nd Mar 2015
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nzx
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new zealand dollar
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kiwi
The New Zealand dollar advanced on expectations a reduction in interest rates in China may stimulate demand for New Zealand commodities in the country.
NZ business confidence gains in February as agri sector gets more upbeat
Fri, 27th Feb 2015
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employment
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business confidence
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anz bank
New Zealand business confidence improved in February as recent gains in dairy prices turned sentiment around in the agriculture sector, and as low int.
NZ firms again lower their inflation expectations, see no RBNZ action this year
Tue, 24th Feb 2015
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rbnz
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inflation
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economy
New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.
NZ dollar hits fresh record vs. Australian dollar as analysts mull parity
Fri, 20th Feb 2015
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nzd
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new zealand dollar
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australian dollar
The New Zealand dollar hit a new record against the Australian dollar overnight, with some analysts saying there is nothing to stop it.
NZ dollar spikes higher on US dollar weakness after dovish Fed minutes
Thu, 19th Feb 2015
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nzd
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new zealand dollar
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kiwi
The New Zealand dollar surged after dovish Fed minutes hinted at prolonged low US interest rates, setting a record high against the Aussie dollar.
NZ manufacturers suffer, Australian assets look cheaper as dollar parity looms
Tue, 17th Feb 2015
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bnz
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australian dollar
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nz dollar
New Zealand manufacturing exporters are facing record headwinds from the kiwi's strength against the Australian dollar, with foreign exchange trade.