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Asia Pacific stocks are looking at a positive start to a session that could end anywhere. Results from the US mid-term elections will start arriving later this morning.
By Michael McCarthy, chief market strategist, CMC Markets and Stockbroking
The Reserve Bank is creating a new Senior Leadership Team (SLT) to better help it achieve its vision of ‘Great Team, Best Central Bank’.
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
Market sentiments reversed as US equities rallied overnight with a higher intraday volatility. Most US stock indices encountered a few speed bumps before surging in the afternoon session.
Sales of tractors are up 17% on this time last year and could set a record by year-end, says NZ Tractor and Machinery Association (TAMA) president, John Tulloch.
Global equities were mixed yesterday. In the Asia trading session, the Shanghai stock markets closed sharply lower but the Australian stocks rallied. Overnight, major US stock indices ended lower after an early surge but most Europe and UK stocks rose.
By Jonathen Chan, market analyst, CMC Markets and Stockbroking
The 2018 ExportNZ DHL Export Barometer released today shows that despite a rapidly changing global marketplace, Kiwi exporters still remain confident and are handling the pace of change.
US equities bounced overnight after market sentiment was tested this week. The Dow Jones index jumped 400 points while the NASDAQ 100 surged as much as 2.95%. The rally in US stocks was largely due to the rise in tech shares.
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