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NZ’s revised monetary policy framework

Friday, 29 March, 2019 - 13:14

At a Reserve Bank event in Wellington this morning, the Governor of the Reserve Bank, Adrian Orr, spoke about how the business of central banking is evolving. The event was held ahead of New Zealand’s new Monetary Policy framework taking effect on 1 April 2019.

Bonds pause, markets steady - CMC Markets

Friday, 29 March, 2019 - 11:50

In overnight trading bond investors curbed their enthusiasm for lower interest rates, easing pressure on risk assets and calming currency markets. The British pound was a notable exception, slumping after parliament deferred a vote on another iteration of a Brexit agreement.

Unisys announces series of Federal Agency contracts

Friday, 29 March, 2019 - 09:29

Unisys Corporation (NYSE: UIS) today announced a series of contracts with U.S. Federal agencies valued at up to $252 million in total.

The Unisys contracts announced today are:

Manufacturing numbers smash sentiment - CMC Markets

Monday, 25 March, 2019 - 11:45

A shocking slide in German manufacturing activity and weaker than forecast French and US manufacturing conditions hammered market sentiment on Friday night. The Euro slumped and share markets plummeted despite previous optimism about central bank support.

Forex trader admits defrauding clients of $7 million - SFO

Wednesday, 20 March, 2019 - 13:15

A foreign exchange broker has pleaded guilty to running a Ponzi scheme to defraud his clients of more than $7 million.

Fonterra announces 2019 interim results

Wednesday, 20 March, 2019 - 08:33

Fonterra Co-operative Group Limited today announced its 2019 Interim Results which show the Co-op has returned to profitability with a Net Profit After Tax (NPAT) of $80 million, but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last year to $323 million.

Trade on back burner - CMC Markets

Tuesday, 19 March, 2019 - 10:50

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Trade signing delayed, NPC in focus - CMC Markets

Friday, 15 March, 2019 - 11:35

A UK parliamentary vote to seek an extension of the Brexit deadline saw European shares rally overnight, although currency markets were largely unmoved and industrial commodities dropped.

Numbers help investors buy China turn - CMC Markets

Tuesday, 12 March, 2019 - 11:23

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

ECB sounds the alarm - CMC Markets

Friday, 8 March, 2019 - 11:34

Last night the European Central Bank lowered its growth estimate for 2019 from 1.6% to 1.1% in a statement accompanying its decision to keep European interest rates at 0.25%. Despite announcing an extension of long term lending to banks, investors fled.