by Warren Head | Oct 5, 2023 | Free, NZ Market Daily Report, Uncategorized
The NZ sharemarket took a lead from a recovery overnight on Wall Street and a no-change decision on the Official Cash Rate by the RBNZ and gained 74 points on the NZX50 which reached 11,309.10. The Dow Jones Industrial Average rose 127.17 points in New York to close...
by Warren Head | Sep 21, 2023 | Currency, Economy, Money Market, Uncategorized
In currency markets, the US Dollar was weaker in the lead-up to the US Federal Reserve’s FOMC meeting with the dollar index close to 0.4% lower, notes BNZ Markets. The pound underperformed within G10 as the market reduced the chance of further tightening by the Bank...
by Warren Head | Aug 30, 2023 | Latest News, Uncategorized
30.8.23 MOVE Logistics Group has reported results for the year ending 30 June 2023 that reflect a moderation in customer demand in response to economic conditions Other factors for FY23 included a soft performance from the Freight division as the improvement programme...
by Warren Head | Aug 15, 2023 | NZ Market Daily Report, Uncategorized
You need an active membership to keep reading either log in via the form below or click here to subscribe If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has...
by Warren Head | Jul 26, 2023 | Uncategorized
The NZ sharemarket managed a further positive close today with the NZX50 adding 20.86 points at 11,954.71 – and a good push over the remaining days of the week could propel it over the threshold of 12,000. The catalyst for that might be the Aussie sharemarket which...
by Warren Head | Jun 17, 2023 | Featured, Market Commentary, Uncategorized
17.6.23 // Warren Head A more freewheeling American market has helped to brighten sentiment globally, including on the NZX market in New Zealand. The US market raced to its best levels in a years by putting on The NZ sharemarket had a positive...
