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The NZD drifted lower with its commodity-linked brethren (AUD and CAD) overnight, before staging a recovery early this morning. NZD/USD sits largely unchanged from yesterday’s open, at 0.8130 currently.
The Westpac McDermott Miller Consumer Confidence Index fell to 116.7 in September, down from 121.2 in June.
"Consumer confidence shifted down a gear in September," commented Westpac Chief Economist Dominick Stephens. "But confidence remains at a high level."
Credit union NZCU South are proud to announce that one of their Contact Centre Staff has won a prestigious national CRM Contact Centre Award.
Antoinette Smith won one of four Outstanding Customer Service Representative Awards for overall attitude, WOW factor and professionalism.
Home loan affordability improved in August for the third consecutive month as lower interest rates and reduced mortgage payments more than offset a slight rise in house prices.
By Ric Spooner (Chief Market Analyst, CMC Markets)
Shuttlerock, a visual marketing software company based in Rangiora near Christchurch, founded by former ValueClick Media Japan chief executive officer Jonathan Hendriksen, today announced it has raised $2.35 million in Series A funding.
"The lower GDP growth in the three months to June is further evidence that growth has peaked. New Zealand’s economy is on the way down to mediocre growth rates," says CTU economist Bill Rosenberg.
Strong growth in service industries saw gross domestic product (GDP) rise 0.7 percent in the June 2014 quarter, Statistics New Zealand said today.
The NZD/USD sits lower this morning, at 0.8120, after drifting downward overnight and suffering post-US FOMC volatility.
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