Morning Report for 22 June 2017
Wall St gains, oil falls;
NZ dollar rises to 6-week high vs euro before ECB, gains vs greenback;
NZ shares fall, led by Sky TV; Steel & Tube drops while Xero extends gain.
08 June_Markets Summary
US jobs, manufacturing lift;
NZ shares rise, Air NZ at 16-year high and Restaurant Brands hits record after investor updates.
2 Jun_Markets Summary
Humans seem to need an enemy. At least it’s very easy to manipulate them by creating one. You can find this phenomenon in just about every story from Disney to Die Hard 3, let alone reality. It’s the phenomenon that drives writers like Aldous Huxley and George Orwell. It’s also the justification for overzealous government.
Editor, Capital & Conflict 31 May 2017
Trump budget relief;
NZ dollar drifts from month-high as Trump unveils budget proposals, Fonterra forecast;
NZ stocks slip as Manchester concert attack drags on investor sentiment, Comvita drops.
Markets Summary_24 May 2017
While you were sleeping: Wall St rebounds, Brazil slumps;
NZ dollar slips vs greenback, surges vs Brazilian real as politics dominate markets;
NZ shares fall, led by Xero, Fletcher as investors grow more risk averse.
Markets Summary_19 May 2017
Fresh Wall St records;
NZ dollar falls to 11-month low vs euro on signs of EU growth, fading French jitters;
NZ shares fall, led by Heartland, Chorus as investors book profits.
Markets Summary_17 May 2017
NZ dollar little changed after overnight gain on commodity price strength; dairy auction looms;
NZ shares lose ground in jittery markets, A2 Milk slides.
Markets Summary_16 May 2017
US retailers tumble;
NZ shares jump as RBNZ signals low rates for longer, Xero climbs on earnings.
Markets Summary_12 May 2017
RBNZ's Wheeler keeps OCR at 1.75%, leaves rate track unchanged;
Wall St digests Comey impact;
NZ dollar gains ahead of RBNZ statement that may point to earlier rate hike;
NZ stocks again, boosted by Heartland Bank.
Markets Summary_11 May 2017