Kiwi gains ahead of dairy auction
The New Zealand dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations prices will rise.
The New Zealand dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations prices will rise.
Median weekly earnings in Hawke's Bay are surging ahead of other North Island regions.
Bad weather takes its toll on New Zealand milk production at a time when it should be hitting a seasonal peak.
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Groceries were cheaper in September, impacted by cheaper bananas, lamb and chicken.
The New Zealand dollar fell to a two-month low as investors see a likely win by Hillary Clinton in the US presidential campaign.
New Zealand commodity prices rose for a fifth month in September, driven by dairy.
Businesses were more optimistic about the state of the economy and their own activity in September.
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The New Zealand dollar rose as the nation's relatively robust economy and relatively high interest rates made it a standout as risk appetite abates ahead of today's US presidential debate.
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The New Zealand dollar surged to a 16-month high after prices rose at the latest GlobaldairyTrade auction.
NZ commodity prices rose for a fourth month as the rebound in dairy continued, although a strong kiwi dollar limited gains for local producers.
Signals are pointing to another mad rush for product at this week's GDT auction, according to ANZ rural economist Con Williams.
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