Wall St up as Greece, US deals bolster mood
Wall Street rose overnight, pushing the Nasdaq to a record, amid optimism Greece and its international lenders are finally nearing a deal.
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Latest fromMonetary Policy
NZ dollar jumps above 70 US cents
The dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.
Why Janet Yellen sounds more like a hawk
Yellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.
US citizens will still double China's income by 2061
The United States will still have more than double China's per capita income by 2061 even as Chinese income levels grow.
Dollar little changed after dip in dairy prices
The dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices.
NZ dollar slips against euro overnight
The NZ dollar has slipped against the euro as breakdown in Greek debt negotiations stoke fears it will leave the Euro.
Greek dance worries world share markets
Wall St moved lower overnight amid concern about the hardening of stances in talks between Greece and its international creditors as this month's deadline looms large.
NZ dollar falls below 70 US cents
The NZ dollar touched 69.41 US cents ahead of the New York close, the lowest level since July 2010.
NZD tipped to hit US60c this year
The New Zealand dollar could fall as low as US60c against the greenback this year following today's official cash rate cut, a market strategist says.
Falling dollar could hit NZ cruising
A cruise industry leader says the falling Kiwi dollar against the United States currency could be an impediment to growth in cruising by New Zealanders.
HSBC drops mortgage rate to 4.95pc
Banks have slashed mortgage rates this morning in reaction to the Reserve Bank cutting the Official Cash Rate to 3.25 per cent.
Dollar edges ahead of RBNZ OCR decision
The NZ dollar edged up ahead of the Reserve Bank's monetary policy statement tomorrow.
Shadow board favours on-hold OCR call
NZIER’s shadow monetary policy board favours an on-hold decision when the Reserve Bank reviews the official cash rate.
Home values rise at fastest pace in year
QV's latest figures show NZ house values have risen at the fastest pace in 15 months.
NZ dollar gains as greenback weakens
The dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.
Dollar Outlook: Kiwi may decline this week
The dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.
Dollar falls again
The kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.
Property Report: Price rises unstoppable
Too many drivers are keeping the Auckland property market hot, and experts see little or no change, as David Maida discovers.
Property Report: Buyer hysteria encourages Auckland price surge
Auckland prices have been rising faster than elsewhere in the country, due to recent action by the Reserve Bank and the Govt.
Property Report: Reinventing the Kiwi property dream
The day of the Kiwi quarter-acre dream is a dream of yesteryear, especially for those of us who call Auckland home.
NZ dollar drops to 4-month low against euro
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
Wall St up as Greek optimism grows
Wall St higher overnight amid optimism Greece will reach a deal with international creditors soon.
Dollar gains, shrugging off drop in dairy prices
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.
NZ dollar hits lowest in almost 5 years
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.