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The following articles are sourced from The New Zealand Herald


NZ dollar edges up as traders await Fed rate hike info
Tue, 30 Aug 2016 08:41
The New Zealand dollar rose as traders await economic data that may provide clues to the timing of US interest rate hikes after US Federal Reserve officials revived expectations of a move this year.The kiwi traded at 72.54 US cents...

 

Wall Street strengthens, edges closer to record highs
Tue, 30 Aug 2016 08:00
Wall Street strengthened, edging closer to fresh record highs, as a report on US consumer spending underpinned Federal Reserve officials' comments that an interest rate hike might be warranted soon. A Commerce Department report...

 

NZ dollar tumbles after upbeat US outlook
Mon, 29 Aug 2016 17:29
The New Zealand dollar fell after the top two Federal Reserve officials gave an upbeat message about the outlook for US interest rates this year, increasing the focus on upcoming data such as non-farm payrolls.The kiwi traded at...

 

Liam Dann: Fed's big speech offers no clues on Lorde's new album
Mon, 29 Aug 2016 14:55
After all the hype, US Federal Reserve chair Janet Yellen's speech at the central bankers conference in Jackson Hole on Saturday yielded few clues as to the release date of Lorde's new album.Those looking for a definitive call on...

 

NZ dollar tumbles after September Fed hike backed
Mon, 29 Aug 2016 09:29
The New Zealand dollar tumbled after Federal Reserve vice chairman Stanley Fischer indicated September was still a possibility for a rate hike, although dependent on upcoming economic data.The kiwi traded at 72.26 US cents at 8...

 

Auckland house prices poised to hit $1m this month
Sat, 27 Aug 2016 13:33
Average Auckland house prices are tipped to pass $1 million this month .CoreLogic analyst Nick Goodall said it was "safe to assume" the average residential property value in the Auckland urban area would pass $1 million when the...

 

Liam Dann: What US Fed boss Janet Yellen said to make the kiwi dollar fall
Sat, 27 Aug 2016 10:00
The kiwi dollar took a short sharp dive overnight as US Federal Reserve chair Janet Yellen delivered her highly anticipated speech of the state of the US economy from the central bankers conference in Jackson Hole Wyoming.After...

 

John Roughan: Central bankers have the world's big economies in a hole
Sat, 27 Aug 2016 05:00
This weekend in a little place called Jackson Hole, Wyoming, US, central bankers of the world are gathering for their annual contemplative retreat on the craft of monetarism and the state of the global economy. Deeply contemplative...

 

PM adds weight to 3 Keys
Fri, 26 Aug 2016 16:37
Prime Minister John Key received a "wonderful, warm reception" when he spoke at the launch of the Whanganui branch of Three Keys on Friday.A crowd of Trans Pacific Partnership protestors gathered outside the launch at the Union...

 

Kiwibank profits dip on higher costs and competition
Fri, 26 Aug 2016 09:18
Kiwibank's holding company has reported a slight dip in profits as the bank battles increased funding costs and competition.Net profits for Kiwi Group Holdings which also owns KiwiSaver manager Kiwi Wealth, New Zealand Home Loans...

 

Brian Fallow: Who'll pay the price of growth?
Fri, 26 Aug 2016 05:00
Councils should use targeted rates to help fund investment in local infrastructure, wherever the benefits generated can be well defined, the Productivity Commission says.It also favours greater use of user-pays mechanisms like toll...

 

The Economy Hub: Why the kiwi dollar keeps rising
Thu, 25 Aug 2016 15:00
The kiwi dollar has this week hit new 15 month highs against the US dollar as the world waits on a key speech from US Federal Reserve chairperson Janet Yellen.The New Zealand dollar has traded as high as US73.35c this week, shrugging...

 

Wall Street edges lower
Thu, 25 Aug 2016 08:39
Wall Street moved lower ahead of Friday's speech by Federal Reserve Chair Janet Yellen who might offer clues on the timing for an interest rate hike by the central bank-which some Fed officials have recently suggested could be as...

 

Fonterra raises milk price forecast by 50c
Thu, 25 Aug 2016 08:37
Fonterra has just announced it has raised its farmgate milk price forecast for 2016/7 by 50 cents to $4.75 per kg of milksolids.When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents,...

 

NZ dollar dips as RBNZ sticks to rate track view
Wed, 24 Aug 2016 08:59
The New Zealand dollar gave up some of its gains, dipping below 73 US cents, after Reserve Bank governor Graeme Wheeler backed his interest rate path as erring on the side of caution. The kiwi slipped to 72.91 US cents from 73.16...

 

Nasdaq inches to record high
Wed, 24 Aug 2016 08:04
Wall Street gained overnight, pushing the Nasdaq to a record high, amid better-expected earnings such as for Best Buy and stronger-than-expected new home sales, while an easing in manufacturing bolstered hope the Federal Reserve might...

 

NZX futures market rally points to milk price upgrade
Wed, 24 Aug 2016 06:02
NZX dairy futures whole milk futures have broken through the US$3000/tonne level for the first time in more than a year, putting upward pressure on Fonterra's farmgate milk price forecast.The US$3000 a tonne level is generally regarded...

 

NZX whole milk futures smash US$3000/tonne level, point to a milk price upgrade ahead
Wed, 24 Aug 2016 05:40
NZX dairy futures whole milk futures have broken through the US$3000/tonne level for the first time in more than a year, putting upward pressure on Fonterra's farmgate milk price forecast.The US$3000 a tonne level is generally regarded...

 

British pick up 'cheeky' Brexit story
Tue, 23 Aug 2016 11:09
British newspaper The Telegraph has labelled the New Zealand Herald 's coverage of the increase of Brits interested in moving to New Zealand after the Brexit referendum as "cheeky".Yesterday the Herald ran a front-page story...

 

Hawks weigh on market mood
Tue, 23 Aug 2016 08:00
The latest hawkish comments from a US Federal Reserve official weighed on equities and lifted the greenback as investors try to gauge the timing of a US interest rate increase. On Sunday Fed Vice Chair Stanley Fischer said "we are...

 

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