Find your KiwiSaver fund

The comment stream

Reader poll

Where do you think the NZ dollar could end up against the Aussie dollar by the end of the year?


Gold and Silver news

Posted in Personal Finance

Local data keeps NZD elevated

Fonterra confirming current payout and NZ Trade Balance beating expectations helps NZD rally; US CPI falls in January; oil price slumps yet again, down 4.4%

90 seconds at 9 am: Another NZD run-up?

Equities hit record highs; US prices fall, durable goods orders rise; EU exempts France; wholesale rates fall; oil and gold stable; NZ$1 = 75.4 USc, TWI = 78.5

NZD climbs to test resistance levels

NZD/USD rallies on Chinese PMI data; future NZD direction to come from Fonterra announcement; gold price creeps back above $1,200

90 seconds at 9 am: Hong Kong cuts taxes

Chinese factories marking time, consumer sentiment low; Hong Kong cuts taxes; Greece distrusted; AU wage growth slows, confidence down; NZ$1 = 75.4 USc, TWI = 78.5

NZD rally runs out of puff

NZD losing ground against majors; Fed indicates not likely to hike rates in near term; gold price falls below $1,200 while global equities push higher

90 seconds at 9 am: Yellen comments raise USD

Fed lays groundwork for rate rise; US services grow strongly, consumers pull back; Greek extension approved; India search HSBC; gold falls; NZ$1 = 74.6 USc, TWI = 78

NZD range bound

German business confidence strong again; markets reasonably quiet ahead of Yellen testimony; commodities down, global equity markets mixed

90 seconds at 9 am: New AU 'advice' scandal

US house sales cool; Greece waits; HSBC's 'shame'; China's new airplane; more AU bank advice scandals; swaps rise; NZ$1 = 75.3 USc, TWI = 78.7

Greek deal boosts risk appetite

Potential of a 4 month bailout extension for Greece calms markets; mixed UK data; global equities higher, gold and oil 'quiet'

90 seconds at 9 am: Greek illusions

Greeks agree deal, prepare plan; PMI's expand in the US, Europe and Japan; Lee Kwan Yew in intensive care; UST 10yr yields rise; NZ$1 = 75.2 USc, TWI = 78.4

Market says small chance of Greek default

USD strengthens as German's play hardball with Greece and reject proposal for bailout extension; oil inventories soar, while price drops further; global equity markets mixed

90 seconds at 9 am: Rising bond market risks

US jobless claims fall; Germany says No! to Greece; Japan's exports jump; bond market anxiety rises; S&P queries AU AAA rating; oil price falls; NZ$1 = 75.3 USc, TWI = 78.6

NZD jumps on Fed announcement

Fed minutes show officials concerned over inflation weakness; strong USD seen as 'persistent source of restraint on US exports; signs of layoffs in oil and gas sectors as energy prices tumble

90 seconds at 9 am: Yields keep rising

Greece close to deadline; Swiss raid HSBC; US PPI in sharp fall; growing Japanese deal appetite; UST 10yr yields rise again; gold under US$1200; NZ$1 = 75.2 USc, TWI = 78.6

Stunning Fonterra auction sees NZD climb

Dairy prices rise 10.1% on reduced volumes, NZD/USD trades through 75.5c; Greece asking for 6-month debt extension; German confidence continues; UK CPI falls to record lows

90 seconds at 9 am: Dairy prices jump

WMP up +13.7%, volumes lower; German sentiment up; Greeks offended; China house prices drop; commodities rise; UST 10yr yield 2.09%; NZ$1 = 75.2 USc, TWI = 78.4

NZD/AUD hits new post float high

NZD/AUD pushing towards 97c; mixed bag for global equity markets with US closed for Presidents Day holiday

90 seconds at 9 am: Japan growing again

China lending rises; Greek talks difficult; Japan exits recession; HSBC apologises; NZ swaps rise; NZ$ hits new high vs AU$; NZ$1 = 75 USc, TWI = 78.3

Germany stars

Eurozone GDP growth pickup supports gloabl risk appetite, bolstered by strong German result

90 seconds at 9 am: Commodities off bottom?

German growth surprises; US confidence off an 11yr high; UST 10yr yields up; oil and gold rise;  NZ$1 = 74.3 USc, TWI = 77.8