News

Jan

The Reserve Bank of Australia (RBA) makes its first interest rate decision of the year, and we believe the RBA will keep the cash rate at 2.00%. It appears that interest rate cuts from the RBA are finally starting to take effect on the wider economy. This

While investor sentiment appears to remain fragile, it seems as though the worst of the market sell-off may now be behind us. Oil has bounced off recent lows, however it still trades at US$33 a barrel, well down from its 2014 peak of U$115 and in today’s

Fonterra cut its forecast milk pay-out to NZ farmers yesterday and M2 Group (MTU.AX) shares continued to rally as shareholders voted in favour of its proposed merger.

This morning the RBNZ left interest rates on hold, however Governor Wheeler was more downbeat than at last year’s meeting. This saw the NZ dollar fall across the board and is currently trading at $0.64 against the US dollar.

This week sees the first meeting of the year for both the US Federal Reserve (Fed) and the Reserve Bank of New Zealand. Neither central bank is expected to alter its policy rate, but we do expect both to era on the side of caution given the negative senti

The US Federal Reserve (Fed) began its first two day policy meeting for 2016 yesterday. will be watching for any signs of cautiousness expressed by the Fed as a result of recent market volatility. We believe that the Federal Reserve will try to calm m

Equity markets moved sharply higher on Friday, with global stocks surging the most in 3½ years as a number of central banks hinted at expanding stimulus measures. We are not surprised by the moves, as we have stated on several occasions we believe the mar

Treasury Wine Estates released its earnings update yesterday with its first half earnings materially beating market expectations. The company expects earnings in the six months to December to be between $140 million and $150 million, above market expectat