RBNZ Archives - Page 2 of 3 - The Industry Spread

Asian markets slump on threats of increased tariffs on China

May 6, 2019

Asian markets plunge today after US President Trump threatened to more than double tariffs of US$200bn on Chinese imports from 10 percent to 25 percent. The Wall Street Journal reported that China considers canceling the trade talks scheduled for this week following Trump’s tweets.

AUDUSD at 4 month low on Worst Building Permits

May 3, 2019

Asian markets closed higher today in thin volumes as investors are awaiting the key US jobs figures. The Hang Seng benchmark in Hong Kong finished 0.29 percent higher at 30,027. The Shanghai Composite added 0.52 percent higher at 3,078, while in Singapore, the FTSE Straits Times index finished 0.02 percent higher at 3,393.

New Zealand Leaders Stand Together

April 11, 2019

A group of emerging leaders has published a letter calling for CEOs and other leaders across the country to enable a better, safer and more inclusive New Zealand following the Christchurch mosque attacks on 15 March.

RBNZ appoints Head of Financial Markets and Head of Economics / Chief Economist

April 11, 2019

Vanessa Rayner has been appointed as Head of Financial Markets. Since joining the Bank in 2016, Ms Rayner has been an Adviser and Manager in the Financial Stability Group, including time leading the review into banks’ culture and conduct. Before this, Ms Rayner spent more than 10 years at the Reserve Bank of Australia, including management roles in the Economics, Financial Markets and Financial Stability Groups. Ms Rayner’s appointment will take effect from 6 May.

Positive Mood on Better China PMI figures

April 1, 2019

Asian stocks finished strong as investors digest better China PMI figures and progress in trade negotiations between the US and China. In Japan, the Nikkei225 main index added 1,43 percent to 21,509, the Hang Seng benchmark in Hong Kong finished 1.69 percent higher at 29,541. The Shanghai Composite outperformed for one more day, finishing 2.58 percent higher at 3,170, and in Singapore, the FTSE Straits Times index gained 1.02 percent higher at 3,245. Australian equities also in positive performance.

Progress in Trade Negotiations Boosts Stocks

March 29, 2019

Asian stocks finished strong as investors cheered progress in trade negotiations between the US and China in Beijing. In Japan, the Nikkei225 main index added 0,82 percent to 21,205, the Hang Seng benchmark in Hong Kong finished 0.99 percent higher at 29,060. The Shanghai Composite outperformed, finishing 3.20 percent higher at 3,090 and in Singapore, the FTSE Straits Times index gained 0.46 percent higher at 3,218.