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Trade Update: Go Long Rub Against Eur & Usd Basket On Cbr/oil

Trade Update Early this year, we highlighted the potential for the Rouble to outperform its EM peers. Our outlook for oil prices was and remains constructive due to the acceleration of the US economy in addition to continued strong demand growth from the emerging world.

ANZ Morning Briefing

ANZ Morning Briefing

OUTLOOK

CURRENCY: A further quiet trading day for the NZD is likely today. The topside bias remains supported by underlying demand and a rising AUD and EUR although conquering resistance at 0.7540 may be difficult to sustain.

Rotorua Hotels Coping Well Despite Slower Than Expected Recovery

Rotorua Hotels Coping Well Despite Slower Than Expected Recovery

Rugby World Cup will provide a short term boost to Rotorua hotels after a slower than expected economic recovery over the past two years.

Westpac Deploys Mobile Atms For Easier Access To Cash

Westpac Deploys Mobile Atms For Easier Access To Cash

Westpac is to deploy two mobile ATM machines to Christchurch's Eastern suburbs to make it easier for local people to access cash.

Greenstone Exempts Christchurch From Fuel Price Increase

Greenstone Exempts Christchurch From Fuel Price Increase

A sharp drop in the Kiwi dollar and increasing crude oil prices were flowing through into New Zealand's fuel prices but Greenstone Energy, the New Zealand owner of the Shell-branded retail assets, will not pass these costs through to metropolitan Christchurch at this time.

DHL Operations Specialist Returns To Helm Asia Pacific And Beyond

DHL Operations Specialist Returns To Helm Asia Pacific And Beyond

SINGAPORE, Mar 1, 2011 /PRNewswire-Asia-AsiaNet/ --

-- Chris Bresnahan appointed head of Network Operations, DHL Express

Asia Pacific, Eastern Europe, Middle East and Africa

-- Timely move as region gears up for renewed growth momentum

Westpac Reduces Fixed Term Mortgage Rates

Westpac Reduces Fixed Term Mortgage Rates

Westpac is cutting up to 50bps off numerous fixed term mortgage rates, including its six month rate, due to lower wholesale lending rates and an expected cut in the Official Cash Rate on March 10th.

New Zealand Post Increases Services In Quake Zone

New Zealand Post Increases Services In Quake Zone

New Zealand Post is steadily increasing its services in earthquake-affected Christchurch.

On the first day back delivering mail since the severe 22 February quake, New Zealand Post achieved 60 percent coverage of the city, mainly in the northern and western suburbs.

Central Park Hotels Coping Well Despite Slower Than Expected Recovery

Central Park Hotels Coping Well Despite Slower Than Expected Recovery

Rugby World Cup visitors stopping off in the Central Park regions will provide a short term boost to hotels after a slower than expected economic recovery over the past two years.

Christchurch Earthquake - BNZ Infrastructure Update

Christchurch Earthquake - BNZ Infrastructure Update

Customers, staff and the general public who want to help the people of Christchurch can make a donation at any BNZ store or online;

BNZ Red Cross Canterbury Earthquake Appeal Account 02-0500-0982004-000