Recent Posts

While you were sleeping Bernanke signals support

US Federal Reserve chief Ben Bernanke and the latest economic data provided the right mix for investors – further stimulus to underpin an accelerating recovery. Reports on US consumer confidence and the housing market were better than anticipated. The Conference Board’s consumer sentiment index rose to 69.6 this month, from a downwardly revised 58.4 in January, while new home sales …

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Additional flights to New Zealand shows strong market response for impending Honolulu to Auckland service

Hawaiian Airlines  are increasing the number of flights from three to four per week during the peak period of September 19 to October 11.that due to strong demand for their impending service connecting Auckland and Honolulu. The Auckland to Honolulu service, which is scheduled to commence on March 13, will provide an extra four flights to the schedule during school …

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NZ dollar falls as threat of hung Italian Parliament erodes investor confidence

The New Zealand dollar fell as the threat of a hung Italian Parliament eroded investor confidence, and reignited fears Europe may be in for another sovereign debt scare. The kiwi fell to 83.40 US cents at 5pm in Wellington from 83.62 cents at 8am, and 83.63 cents yesterday. It rose to 63.82 euro cents from 63.41 cents yesterday. Uncertainty over …

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