NZ stocks rise, Fletcher, Trade Me gainPublished: 7:29PM Wednesday August 20, 2014 Source: BusinessDeskEmail this article
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Fletcher Building site – Source: ONE News
New Zealand shares rose as Fletcher Building and Trade Me Group beat full-year profit guidance.Energy companies fell on weaker political polls ahead of next month’s election.The NZX 50 Index rose 26.126 points, or […]
How to Trade the RBNZ Rate Statement – July 21, 2014By Forexminute – James Brennan | Weekly Fundamental Analysis | Jul 21, 2014 7:11AM BSTThe Reserve Bank of New Zealand is set to make its interest rate statement this week and this might be one of the most market-moving economic events among those lined up. The central bank is widely […]
If You Sold in May and Went Away, You Missed Quite a Rally in the U.S.
The old adage suggests to stash your cash in the mattress in May, but it appears the bull U.S. equity market has no respect for the calendar, with the S&P returning 2.1% in the month of May and rewarding investors who were along for the […]
Forex Trade Signals: AUD/JPY Countertrend Setup – June 16, 2014By Forexminute – Samuel Rae | Technical Outlook | Jun 16, 2014 6:31AM BSTOn its daily forex chart, AUD/JPY is giving forex trade signals by testing the top of the rising channel with stochastic reflecting overbought conditions. Price might pull up for a test of the actual resistance around […]
New Zealand Dollar Set to Decline Today on Weak Chinese Import DataBy Forexminute – Jonathan Millet | Breaking Forex News | Jun 8, 2014 11:18PM BSTThe New Zealand dollar is expected to decline on Monday over weekend data that showed that Chinese imports surprisingly fell in May.The Kiwi traded at 84.89 US cents at the opening of Monday trade […]
Euro Touches More than Three-Month Low on Weak German DataBy Forexminute – Jonathan Millet | Breaking Forex News | May 28, 2014 11:23PM BSTThe euro declined to its lowest level in over three months against the dollar after Germany’s unemployment numbers rose in May, while lending in the eurozone shrunk, fuelling speculation that the European Central Bank may roll […]
RBNZ Raises OCR from 2.75% to 3.00%The Reserve Bank of New Zealand (RBNZ) was expected to raise the Official Cash Rate (OCR) from 2.75% to 3.00%. This is the 2nd rate hike from the 2.50% OCR that persisted since March, 2011. The RBNZ statement noted inflationary pressure several times, so it might pay to pay extra attention to inflation data […]
Lessons in stockmarket endurance
TIM HUNTER
Last updated 05:00 30/03/2014
ALEX LIU/Fairfax NZON THE ALERT: Harbour Asset Management boss Andrew Bascand takes nothing for granted.
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