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By Michael McCarthy, chief market strategist, CMC Markets
New Zealand Wool Services International ltd’s CEO Mr John Dawson reports that the wool auctions in the North and South Islands this week produced considerable price variations for comparative types with the North Island levels well below the South’s.
Reduced milk supply out of key dairy export regions - including New Zealand - will fuel further dairy price increases in the early part of 2017, according to Rabobank’s latest global dairy outlook.
By Ric Spooner (Chief Market Analyst, CMC Markets)
At this stage, stock markets appear to be holding the line despite the correction of the post US election moves in the US dollar and bond markets that is now well and truly under way.
ANZ today announced it had reached agreement to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) to China COSCO Shipping Corporation Limited and Shanghai Sino- Poland Enterprise Management Development Corporation Limited.
New Zealand Wool Services International Ltd’s CEO, Mr John Dawson reports that the 6700 bales of North Island wool on offer saw a 93 percent clearance with most types firm to dearer.
New Zealand Wool Services International Ltd’s CEO, Mr John Dawson reports that the combined North and South Island wool auctions this week comprising 13600 bales saw a 79 percent clearance with most types continuing to ease.
Bank of China has signed a landmark agreement with Fonterra consistent with both organisations’ on-going commitment to building New Zealand business interests in China.
The New Zealand Bankers’ Association today supported the Banking Ombudsman’s warning that you shouldn’t expect to be reimbursed for authorised credit card payments to risky binary options trading websites.
Don’t expect to be reimbursed for unsound investments, warns Banking Ombudsman Banking Ombudsman Nicola Sladden said the Banking Ombudsman Scheme had received a spate of complaints from individuals seeking to recoup credit card payments made to binary options trading sites.
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