News

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7 June 2019 -

Podcast – Berkshire AGM | Another Fonterra Downgrade

Global markets ​generally continued to trend higher overnight on optimism that the US might delay imposing tariffs on Mexico next week.

6 June 2019 -

Weak Aussie GDP | Tourism Holdings Update

Australian ​economic growth​ (GDP data)​ in the first quarter of the year was weaker than forecast, with growth for the quarter printing at 0.4​%​, below expectations of 0.​5%.

5 June 2019 -

Wall St Jumps, RBA Cuts | A2 Milk Falls

Closer to home, the Reserve Bank of Australia cut the cash rate by 25 basis points (quarter of a per cent) to a record low of 1.25%.

4 June 2019 -

Sell-off in May, Week Ahead | Select Harvests Jumps +10%

The US market (measured by the S&P 500 index) experienced its biggest May slump since 2010.

31 May 2019 -

NZ Budget | Costa Tumbles, Fonterra at all-time low

New Zealand’s Treasury acknowledged the trade tensions between the US and China in its budget forecasts as a threat to the domestic economy if the dispute slows growth in this country’s major trading partners.

30 May 2019 -

James Hardie & Fletchers | Lynas Soars

Global markets continued to sell off overnight as Wall Street’s main indexes hit a near three-month low.

29 May 2019 -

Lower US Yields | Ryman Update

Global markets were lower overnight with stocks on Wall Street struggling for direction.

28 May 2019 -

Housing Slide to Stall? | Fisher & Paykel

Sydney and Melbourne property markets are showing early signs of ending their steep slides, with a strong bounce in auction clearance rates on the first Saturday after the federal election.

27 May 2019 -

Week Ahead | Aristocrat Update

For the week ahead, the local focus will be on the NZ government Budget 2019.