News

We thought we would talk about something different today given the local headlines have been dominated in recent times by talk of a property market correction.

Global markets were lower on Friday, with European markets falling sharply in a wave of global selling amid concerns about a deepening economic crisis in Turkey. The US dollar continues to rally versus the Kiwi and Aussie dollars on safe-haven buying. 

The Reserve Bank of New Zealand (RBNZ) kept the official cash rate at 1.75%. While that was widely expected, Governor Orr also said he now expects to keep rates on hold into 2020, at least a year longer than previously thought, and reiterated the next mov

As we highlighted on Monday, local earnings season across Australia & NZ gets busier this week, with the likes of AMP, Commonwealth Bank, and SkyCity reporting yesterday.

Closer to home, the Reserve Bank of Australia (RBA) once again kept interest rates on hold at the record low 1.50% level, marking two years since it last moved interest rates. The RBA said it continued to believe the next move in the cash rate was more li

Global markets were mostly higher overnight as results from Berkshire Hathaway boosted optimism about a strong earnings season, while gains for Facebook on a report that it was planning to offer new services lifted the tech-heavy Nasdaq index.

Global markets were higher on Friday with US stocks advancing as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.

Global markets were higher overnight with the Tech sector leading gains on Wall Street with Apple becoming the world’s first $1 trillion listed company

Global markets were mixed overnight as the S&P 500 and Dow slipped with gains in Apple (after a strong result) offset by a drop in energy and industrial shares, while the US Federal Reserve remained on course for an expected hike in September.