
NZ dollar declines amid rising Covid-19 infections
Infections rise overtook investors' best attempts to ignore the bad news.
Infections rise overtook investors' best attempts to ignore the bad news.
The US market was down 2.6 per cent in late-afternoon trading.
The kiwi was trading at 64.60 US cents at 5pm.
The kiwi was trading at 64.71 US cents at 5pm.
Accountant and shareholder activist Bruce Sheppard says disclosure rules remain crucial.
The kiwi has risen from below 55 US cents in mid-March to 64.29 US cents.
The market for plastic packaging is projected to grow by 5.5% in 2020.
The RBNZ has raised eyebrows tapering off its bond buying activities.
New Zealand shares rose as index changes drove heavy trading.
Rising Covid-19 infections on investors' radar
The market saw positives in international developments.
New Zealand shares joined a global rally.
The Kiwi rebounded after the Federal Reserve announced it was buying corporate bonds.
New York Times: The energy giant said its oil and gas assets were worth less.
Rabobank has taken a less pessimistic view of milk prices for 2020/21.
Improving data out of the US and China might lift the local market.
Weaker data in China, and the fear of a resurgence of the virus weighing on markets
US markets had been focused on fresh Covid-19 outbreaks
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Shares have plunged, bounced back, then slipped again. No one knows what comes next.
But there could be a light at the end of the tunnel for Auckland Airport shareholders.
Investors are bracing for the likely fallout arising from Wall Street's big decline.
Outlooks from the US Federal Reserve and the OECD brought investors back to earth.
Sharemarkets the world over have risen significantly since the lows on March 23.
Gentrack expected to drop out of the S&P/NZX 50 Index in tomorrow's quarterly rebalancing.
The kiwi was trading at 65.28 US cents at 5pm.
The NZ dollar may rise above 66 US cents for the first time in more than five months.
More than 90 per cent of the world's economies will be plunged into recession.
The New Zealand dollar continued its march higher.
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