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Rural News

US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
6th Jan 17, 8:32am
29
US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
Fed minutes see a faster hike pace; US banks work to gut the Volker Rule; India's tax take rises; Eurozone inflation jumps; Spain's jobless falls fast; UST 10yr 2.44%; oil and gold up; NZ$1 = 69.6 USc, TWI = 76.2
5th Jan 17, 8:15am
26
Fed minutes see a faster hike pace; US banks work to gut the Volker Rule; India's tax take rises; Eurozone inflation jumps; Spain's jobless falls fast; UST 10yr 2.44%; oil and gold up; NZ$1 = 69.6 USc, TWI = 76.2
Dairy prices slide; NZ happier; ethics move fails; China PMI rises with US; ANZ retreats further in Asia; Aussie house prices rise +11%; UST 10yr 2.46%; oil down, gold up; NZ$1 = 69.4 USc, TWI = 76.3
4th Jan 17, 8:07am
86
Dairy prices slide; NZ happier; ethics move fails; China PMI rises with US; ANZ retreats further in Asia; Aussie house prices rise +11%; UST 10yr 2.46%; oil down, gold up; NZ$1 = 69.4 USc, TWI = 76.3
US minimum wages up, retail strong; China struggles with fx controls, housing policy; Brazil monster trade surplus; ASIC calls out bank cultures; UST 10yr 2.45%; oil stable, gold down; NZ$1 = 69.4 USc, TWI = 76.3
3rd Jan 17, 8:27am
34
US minimum wages up, retail strong; China struggles with fx controls, housing policy; Brazil monster trade surplus; ASIC calls out bank cultures; UST 10yr 2.45%; oil stable, gold down; NZ$1 = 69.4 USc, TWI = 76.3
US exports sink; US jobless claims fall; Chinese official calls for a real estate tax; PBoC widens currency base; Amazon thinks high; UST 10yr 2.47%; oil stable, gold leaps; NZ$1 = 69.5 USc, TWI = 76.3
30th Dec 16, 8:14am
10
US exports sink; US jobless claims fall; Chinese official calls for a real estate tax; PBoC widens currency base; Amazon thinks high; UST 10yr 2.47%; oil stable, gold leaps; NZ$1 = 69.5 USc, TWI = 76.3
US house sales slow; Wall Street slips; China uncovers huge FX swindle; Scots accuse Macquarie of asset stripping; Toshiba hammered; UST 10yr 2.50%; oil up, gold unchanged; NZ$1 = 69.1 USc, TWI = 76.1
29th Dec 16, 8:30am
16
US house sales slow; Wall Street slips; China uncovers huge FX swindle; Scots accuse Macquarie of asset stripping; Toshiba hammered; UST 10yr 2.50%; oil up, gold unchanged; NZ$1 = 69.1 USc, TWI = 76.1
US consumers confident, China's services deficit grows, China passes new pollution law, but weak; bitcoin value nears record; oil up, gold up; NZ$1 = 68.9 USc, TWI = 75.7
28th Dec 16, 8:30am
9
US consumers confident, China's services deficit grows, China passes new pollution law, but weak; bitcoin value nears record; oil up, gold up; NZ$1 = 68.9 USc, TWI = 75.7
US Q3 growth up, Q4 looks less strong; Vancouver house prices face cliff; China cities clamp down; Uber test ends; oil up, gold unchanged; NZ$1 = 69.1 USc, TWI = 75.9
23rd Dec 16, 7:27am
27
US Q3 growth up, Q4 looks less strong; Vancouver house prices face cliff; China cities clamp down; Uber test ends; oil up, gold unchanged; NZ$1 = 69.1 USc, TWI = 75.9
GDP grew 1.1% in Sept qtr; Economists had forecast around 0.8%; Annual growth 3.5%; Construction, tourism, transport strong; farming weak
22nd Dec 16, 10:48am
79
GDP grew 1.1% in Sept qtr; Economists had forecast around 0.8%; Annual growth 3.5%; Construction, tourism, transport strong; farming weak
US home sales rise, living with parents rises; China unhappy with NZ; more commodity speculation coming; Italy ready with bank bailout; oil slips, gold unchanged; NZ$1 = 69 USc, TWI = 75.8
22nd Dec 16, 7:50am
32
US home sales rise, living with parents rises; China unhappy with NZ; more commodity speculation coming; Italy ready with bank bailout; oil slips, gold unchanged; NZ$1 = 69 USc, TWI = 75.8
Kerry McDonald says exporters are losing 10-40% of the value from their exports because of an over-valued currency. He suggests shifting from using banks to convert US$ to NZ$ to using fintech and blockchain instead
19th Dec 16, 3:38pm
by Guest
15
Kerry McDonald says exporters are losing 10-40% of the value from their exports because of an over-valued currency. He suggests shifting from using banks to convert US$ to NZ$ to using fintech and blockchain instead
English names his first Cabinet; Bridges and Adams promoted; No successors yet to McCully and Parata in Foreign Affairs and Education as they will stay until May 1; Goldsmith and Upston promoted to Cabinet
18th Dec 16, 3:27pm
22
English names his first Cabinet; Bridges and Adams promoted; No successors yet to McCully and Parata in Foreign Affairs and Education as they will stay until May 1; Goldsmith and Upston promoted to Cabinet
Simon Bridges announces Government has commited to spend NZ$1.4 billion to NZ$2 billion to fully restore road and rail corridor along coastal route through Kaikoura; may take 12 months to reopen
15th Dec 16, 2:22pm
10
Simon Bridges announces Government has commited to spend NZ$1.4 billion to NZ$2 billion to fully restore road and rail corridor along coastal route through Kaikoura; may take 12 months to reopen
New PM to name Cabinet on Sunday with swearing in planned for Tuesday; Sam Lotu-liga says will step down at next election; Ministers seen in play include McCully, Parata and Smith; MBIE up for grabs
13th Dec 16, 4:22pm
6
New PM to name Cabinet on Sunday with swearing in planned for Tuesday; Sam Lotu-liga says will step down at next election; Ministers seen in play include McCully, Parata and Smith; MBIE up for grabs
New PM Bill English talks up infrastructure, housing and ensuring benefits of growth widely shared in first news conference after being elected National leader; sworn in as PM with Paula Bennett deputy
12th Dec 16, 2:11pm
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New PM Bill English talks up infrastructure, housing and ensuring benefits of growth widely shared in first news conference after being elected National leader; sworn in as PM with Paula Bennett deputy
Treasury sees surpluses rising to NZ$8.5 bln by 2021; English increases capital spending allowance by NZ$5.4 bln over 4 years; Borrowing programme increased; Debt repayment and quake rebuild priority over tax cuts
8th Dec 16, 1:42pm
16
Treasury sees surpluses rising to NZ$8.5 bln by 2021; English increases capital spending allowance by NZ$5.4 bln over 4 years; Borrowing programme increased; Debt repayment and quake rebuild priority over tax cuts
English and Coleman to contest bid for National Party leadership in Caucus vote next Monday; English's hopes for quick and cohesive leadership change dashed; Coleman wants 'generational change'; English says NZ Super options open
6th Dec 16, 11:29am
124
English and Coleman to contest bid for National Party leadership in Caucus vote next Monday; English's hopes for quick and cohesive leadership change dashed; Coleman wants 'generational change'; English says NZ Super options open
Key says will vote for English as National leader in December 12 caucus vote; says National can win 4th and 5th terms with English as leader; Key says wants quieter life with family; eyes board positions in Australasia or Asia
5th Dec 16, 1:59pm
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Key says will vote for English as National leader in December 12 caucus vote; says National can win 4th and 5th terms with English as leader; Key says wants quieter life with family; eyes board positions in Australasia or Asia
RBNZ wary of increasing use by banks of wholesale offshore funding to fill gap left by falling growth of local deposits; says banks raising deposit and mortgage rates to help fill gap; see long term rates having bottomed out
30th Nov 16, 4:57pm
26
RBNZ wary of increasing use by banks of wholesale offshore funding to fill gap left by falling growth of local deposits; says banks raising deposit and mortgage rates to help fill gap; see long term rates having bottomed out
RBNZ says Kaikoura quakes could cost NZ$3-8 billion, including up to NZ$3 bln of Govt spend and up to NZ$5 bln of insurance; still confident on economy; says insurers can handle claims
30th Nov 16, 4:05pm
2
RBNZ says Kaikoura quakes could cost NZ$3-8 billion, including up to NZ$3 bln of Govt spend and up to NZ$5 bln of insurance; still confident on economy; says insurers can handle claims
RBNZ warns in Financial Stability Report that housing imbalances remain; Wheeler says won't use Debt To Income multiple restriction 'at this time'; RBNZ notes rising use by banks of 'hot' overseas funds
30th Nov 16, 9:18am
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RBNZ warns in Financial Stability Report that housing imbalances remain; Wheeler says won't use Debt To Income multiple restriction 'at this time'; RBNZ notes rising use by banks of 'hot' overseas funds
Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
28th Nov 16, 11:47am
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Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
PM says Treasury's forecasts of blow-out in debt by 2060 without NZ Superannuation changes "a load of nonsense"; says Treasury couldn't get forecasts right 44 days before Budget 'let alone 44 years out'; also downplays weak productivity
28th Nov 16, 11:31am
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PM says Treasury's forecasts of blow-out in debt by 2060 without NZ Superannuation changes "a load of nonsense"; says Treasury couldn't get forecasts right 44 days before Budget 'let alone 44 years out'; also downplays weak productivity
Westpac's economists says the Kiwi dollar will stand above the crowd for a while yet, but in the end it will start edging lower
27th Nov 16, 6:20pm
by Guest
Westpac's economists says the Kiwi dollar will stand above the crowd for a while yet, but in the end it will start edging lower
Westpac's economists assess how things are likely to play out with inflation and the interest rate markets to drive RBNZ monetary policy
25th Nov 16, 9:58am
by Guest
12
Westpac's economists assess how things are likely to play out with inflation and the interest rate markets to drive RBNZ monetary policy