Search Results for: New Zealand
The yen fell, euro climbed, New Zealand dollar dropped; Asian stocks fluctuated Thursday
February 8th, 2018
Asian stocks fluctuated Thursday as investors assessed the implications of the recent market turmoil that has elevated volatility. The yuan dropped the most since August 2015 after trade figures missed estimates and amid speculation policy makers will step up ...
The Reserve Bank of New Zealand released a statement on the Official Cash Rate
September 28th, 2017
The Reserve Bank of New Zealand has released today a statement by Reserve Bank Acting Governor Grant Spencer to inform that the Official Cash Rate (OCR) left unchanged at 1.75 percent. According the release, global economic growth has continued ...
Reserve Bank of New Zealand says lower external debt is encouraging but some risks remain
July 18th, 2017
A large improvement in New Zealand’s net foreign liabilities as a share of GDP since 2009 makes the economy less vulnerable to shocks, Deputy Governor Geoff Bascand said in a speech today. “New Zealand’s net foreign liabilities – what ...
Traders review: Yen little changed, Aussie jumped, New Zealand dollar fell
June 15th, 2017
Asian stocks retreated as banks slumped and oil touched the lowest level since November. Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak readings won’t persist. The yen was little changed at 109.60 ...
The Central Bank of New Zealand left the Official Cash Rate unchanged
May 11th, 2017
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based over recent months. However, major challenges remain with on-going ...
ESMA to cooperate with New Zealand’s regulators on CCPs
April 19th, 2017
The European Securities and Markets Authority (ESMA) has established a Memorandum of Understanding (MoU) under the European Markets Infrastructure Regulation (EMIR) with Reserve Bank of New Zealand and Financial Markets Authority of New Zealand. The MoU establishes cooperation arrangements, ...
New Zealand confirms that selling Spot FX contracts, CFD and binary options to be licensed
April 3rd, 2017
The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014. The FMA has been reviewing how it regulates short-duration derivative ...
New Zealand left the Official Cash Rate unchanged
March 23rd, 2017
The Reserve Bank of New Zealand has issued today a press release to announce that the Official Cash Rate left unchanged at 1.75 percent. According the statement by Reserve Bank Governor Graeme Wheeler: Macroeconomic indicators in advanced economies have ...
Law firm in New Zealand invests $2 million in artificial intelligence
March 15th, 2017
Law firm MinterEllisonRuddWatts has invested $2 million in a joint venture exploring the potential use of artificial intelligence for legal services. Chief executive Mike Schubert, who is chair of the joint venture with angel investor Goat Ventures, said the ...
The Reserve Bank of New Zealand left the Official Cash Rate unchanged
February 9th, 2017
The Reserve Bank of New Zealand has issued a Monetary Policy Statement for February 2017 to inform for its decision to keep the Official Cash Rate (OCR) unchanged at 1.75 percent. According the Policy Statement: The recovery in commodity ...
