There have been growing views that there will be interest rate cuts by the Reserve Bank’s across both sides of the Tasman. Yesterday, Reserve Bank of NZ governor Adrian Orr’s latest monetary policy statement was on the dovish side, but not as dovish as
President Donald Trump told reporters at the White House that he could allow a looming tariff deadline to "slide for a little while" if he feels a deal with China is close.
Global markets were mixed on Friday, as the US S&P 500 index managed to rally into the close of trade to finish a touch higher for the day.
Global markets were slightly lower overnight, as the recent market rally took a breather
The Australian market soared on Tuesday on the back of a rebound from the major banks, recording its biggest single-day gain since November 2016.
Global markets continued their positive run overnight, as stocks on Wall Street were boosted by technology shares ahead of Alphabet’s results release after the bell. Last night saw the release of the final report by Australia’s Royal Commission into Misc
January has been a strong month for stock markets, with the US market rebounding nearly +8%
Strong earnings from Facebook added to optimism after the Federal Reserve’s dovish remarks, with investors awaiting the outcome of the US-China trade talks.
We have highlighted risks to the property market in the past, and were quoted in the NZ Herald again yesterday.
Investors are waiting for upcoming trade talks between the US and China and the Federal Reserve's first policy meeting of the year later this week.
