Petition a game changer for the New Zealand economy

A petition, that promises a significant and dramatic improvement for the New Zealand economy, was handed to Dr Deborah Russell, the MP for New Lynn today.

Markets lift on China moves ahead of ECB - CMC Markets

Shares in Europe and the US rose overnight after China offered conciliatory gestures on trade and investment. The White responded in kind, as well as calling on the Federal Reserve to lower interest rates.

Bonds slump - CMC Markets

A sell off in bond markets took centre stage in overnight trading. Longer dated bonds were hit hardest, undoing the much-discussed inversion of yield curves. The normalisation of interest rate term structures is remarkable in light of the European Central Bank’s decision due Thursday night.

Markets steady after jobs disappoint - CMC Markets

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

SLICE Digital clinch product of the year at NZ Digital Ad Awards

The 2019 IAB New Zealand Digital Advertising Awards were held at Auckland Museum on 29 August and SLICE Digital were delighted to be named as Digital Product of the Year.

Bayleys and Forsyth Barr team up with Australian financier

Australian specialist real estate financier MaxCap Group is setting up operations in New Zealand in a joint venture with real estate company Bayley Corporation and investment advisory firm Forsyth Barr.

ASB Housing Confidence Survey results published

Home Comforts

- Housing confidence is tentatively turning higher. All three of our key confidence measures we monitor show respondents are feeling more positive about housing relative to the situation three months ago.

Risk rally ahead of PMIs - CMC Markets

Shares and industrial commodities rallied overnight ahead of key readings of activity due over the coming sessions. The US Federal Reserve meeting minutes contained no surprises, and further trade equivocation from the White House had little effect.

Sentiment reversal whips stocks, boosts bonds - CMC Markets

Two sessions of sunshine. Then President Trump defends his role in the global trade dispute, and claims any short-term damage is irrelevant. Predictably, sentiment inverted. Stocks slumped and bonds and gold rallied as growth fears returned in overnight trading.

Bonds flash red, stocks plummet - CMC Markets

European and US shares were thumped in overnight trading after the US bond curve signalled an imminent recession in the US. Bonds rallied everywhere. Oil and base metals tumbled and gold rose as investors fled growth exposures.