
Trump trouble good for Kiwi travellers
Economists at ASB believe the kiwi dollar will head up against the greenback this year.
Economists at ASB believe the kiwi dollar will head up against the greenback this year.
The dollar rose to the high on concern of an unstable minority government in Britain.
COMMENT: It's little wonder that we weren't popping the champagne corks.
Sharemarkets reacted calmly yesterday after major events were expected to cause chaos.
The dollar rose above 72 US cents for the first time since the beginning of March.
NZ's biggest petrol chains increased their profits in 2016 despite revenue dropping.
NZ commodity prices rise 3 per cent in May, led by a jump in apple, kiwifruit prices.
New Zealand shares rose led by Fletcher Building and Restaurant Brands.
The New Zealand dollar continued to gain slightly against the Aussie.
The New Zealand dollar extended its gains against the Aussie dollar.
Mainfreight's result stood out among the corporate earnings reports.
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Cavalier's outlook has deteriorated further since its last earnings downgrade in February.
The gain was on the back of outlook favours the kiwi over its trans-Tasman counterpart.
The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
The New Zealand dollar rose above 71 US cents for the first time since.
Orion Health expects to be back in the black by the second half.
Bank holidays in the US, China and the UK today are likely to keep trading subdued.
The dollar fell after OPEC agreed to extend production curbs which was not expected.
The dollar rose above 70 US cents as investors were disappointed by caveats in US minutes.
The dollar drifted off a month-high as US President unveiled plans to cut spending.
The price of a single bitcoin has soared to $2,200 from just $0.003 seven years ago.
COMMENT: Price is lower now than at the start of Opec cuts, writes Sheldon Slabbert.
The kiwi was little changed at the start of a quiet week for domestic economic data.
The dollar gained on speculation on lesser need to raise interest rates in the US.
The New Zealand dollar fell to the lowest level in about 11 months against the euro.
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New Zealand shares fell, led by companies that have outperformed the index this year.