![Lamb's wool in heavy demand](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Lamb's wool in heavy demand
New Zealand wool prices rose at auction yesterday, with lamb wool matching its all-time high.
New Zealand wool prices rose at auction yesterday, with lamb wool matching its all-time high.
Analysts say there needs to be a fundamental catalyst to signal a market bottom.
What's the point of market turmoil if the best stuff doesn't actually fall very far?
New Zealand share prices have fallen this morning down 1 per cent after big falls on overseas markets.
Another plunge in the price of crude oil sent stocks sharply lower on Wednesday, bringing the market to its lowest level in nearly two years.
US stocks recovered much of an early plunge, but oil suffered its worst one-day drop in months.
If it's true that the stock market has predicted nine out of the last five recessions, then let's hope that this is one of those four fake-outs.
Wall Street moved higher overnight as investors found value in beaten-down stocks as the latest data from China eased concerns about the world economy.
China's economic growth missed analysts' estimates last quarter.
Eyes will be on China today as the world's 2nd biggest economy releases economic data that could calm or cause more jitters in volatile world markets.
Markets started the week gripped by a fresh bout of risk aversion, as Asian stocks slipped with energy-linked currencies.
Did the long bull market actually end in February 2015 and we are now a full year into a bear market?
New Zealand's share market is expected to struggle for new initial public offerings in 2016.
New Zealand shares rose after some stability returned to global markets.
The financiers who made a fortune betting against the American housing market in the new Wall Street blockbuster would take a punt against Auckland's if they could.
Wall Street rose, as a recovery in the price of oil offered investors confidence to pick up beaten-down stocks.
China has been roundly criticized for its hit-or-miss approach to checking excessive volatility, yet many nations have similar mechanisms.
New Zealand shares have fallen sharply, taking a lead from an overnight sell-off on Wall St that pushed the S&P 500 index into correction territory.
The New Zealand dollar rose as oil prices gained from a 12-year low and Chinese stocks gained in afternoon trading.
Burgernomics suggests value of Kiwi dollar is too low but exporters will likely disagree.
New Zealand shares rose for the first time this year after a five-day slide.