• Daily wrap up – 25 September

    25 Sep 2017 06:48 PM |

    The start of the week was dramatic for the euro, despite the success of Angela Merkel for a fourth term during the German federal elections on Sunday, September 24, the Christian Democratic Union (CDU) and the Christian Social Union (CSU) win 33% of the vote. The ruling party's current partner the Social Democratic Party (SDP) printed the worst result since the Second World War by getting 20.5%, prompting the leader of the party to describe this day by bitter today, and the shock was in the success of the far right-wing party to enter parliament for the first time in half a century, represented by the Alternative for Germany Party (AFD), which has not been established for 4 years.

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  • Wheeler: lower New Zealand dollar is needed to support growth

    30 Aug 2017 11:55 AM |

    Graeme Wheeler, Reserve Bank of New Zealand Governor, said:
    •    In the absence of major unexpected shocks, the outlook looks promising for continued strong economic growth in New Zealand over the next two years.

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  • New Zealand's trade surplus narrows in July

    24 Aug 2017 10:33 AM |

    New Zealand's trade surplus narrowed to NZ$85 million in July from NZ$246 million in the previous month, while market expectations showed a trade deficit of NZ$200 million.

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