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Net international liability position narrows as net external debt widens - Stats NZ

Wednesday, 16 December, 2020 - 10:46

New Zealand’s net international liability position was $177.9 billion (55.5 percent of GDP) at 30 September 2020, $2.4 billion narrower than at 30 June 2020, Stats NZ said today.

Stocks pause, commodities roar - CMC Markets

Friday, 11 December, 2020 - 13:03

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

Havens in favour as infections rise - CMC Markets

Tuesday, 8 December, 2020 - 11:44

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

'Kiwis spent money in 61 different countries on Black Friday and Cyber Monday'

Tuesday, 8 December, 2020 - 08:01

From Cyprus and Luxembourg to Tanzania and Mauritius, Kiwis spent money in 61 countries on Black Friday and Cyber Monday.

Growth holds higher ground - Michael McCarthy

Friday, 4 December, 2020 - 11:41

Markets maintained their vaccine inspired pro-growth stance in overnight trading. Crude, copper and iron all rose, and the Nasdaq hit new record highs despite late wobbles. The US dollar continued its slide and higher beta currencies rose.

Sweet spot drives markets - CMC Markets

Wednesday, 2 December, 2020 - 12:01

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

Largest drop in terms of trade in a decade as dairy export prices sour - Stats NZ

Wednesday, 2 December, 2020 - 10:46

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today.

Events and data to drive - CMC Markets

Monday, 30 November, 2020 - 12:05

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

Rally stalls, Bitcoin falls - Michael McCarthy

Friday, 27 November, 2020 - 11:41

European shares edged lower in overnight trading as the global re-opening rally stalled. US markets were closed for the Thanksgiving holiday. Crude oil fell, and gold and bonds received investor support. Bitcoin took centre stage, trading a $2700 range as it pulled back from all-time highs.

Data sparks mild reversal - CMC Markets

Thursday, 26 November, 2020 - 12:03

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