by Warren Head | Jan 23, 2024 | Business, Economy, TRADE NEWS
23.1.24 10.20am Trade logistics are set to once again become increasingly challenging for New Zealand’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to agribusiness banking specialist Rabobank....
by Warren Head | Jan 23, 2024 | Business, Free
Dan Mathieson 23.1.24 Zespri CEO Dan Mathieson will leave Zespri to take up a new position as President of the Americas for global berry company Driscoll’s. Mathieson has been at Zespri for 21 years, almost seven of those as CEO and will remain at Zespri to oversee...
by Warren Head | Oct 31, 2023 | Business, Economy, Money Market
31.10.23 “Inflation is likely to remain above the Reserve Bank’s 1-3% target range for all of 2024,” noted Westpac chief economist Kelly Eckhold, in the bank’s latest Economic Overview. “While we are seeing lower imported goods and food inflation, domestic...
by Warren Head | Sep 13, 2023 | Business, Currency, Economy, Money Market
Market movements have been well-contained as the market awaits tonight’s key US CPI report, notes BNZ Markets this morning. “US Treasuries have traded a very tight range with little movement and the S&P500 shows a modest loss for the day,” says Jason Wong, senior...
by Warren Head | Sep 1, 2023 | Business, Currency, Economy, Global Share Markets, Money Market
1.9.23 In-line core inflation in the Euro area and US PCE deflator data confirming the current disinflationary pulse have helped support global bonds markets, notes BNZ Markets this morning. Declines in European yields have led the way, and this sees EUR and GBP...
by Warren Head | Aug 16, 2023 | Business, Currency, Economy, Money Market
16.8.2 There has been a deluge of economic data to digest. The net result has been surprisingly little net reaction in the currency and bond market, while equity markets seem to have taken more of an impact, says Jason Wong, senior markets strategist at BNZ...