Recent Posts

NZ dollar slips as US debt deadline approaches

The New Zealand dollar slipped as investors lessen their exposure to riskier currencies on concern about a failure by US politicians to reach agreement ahead of tomorrow’s deadline for averting a debt default. The kiwi weakened to 83.64 US cents at 8am in Wellington, from 83.85 cents at the 5pm market close yesterday. The trade-weighted index declined to 77.65 from …

Read More »

While you were sleeping Clock ticks on US debt deal

Wall Street dropped as the October 17 deadline for an agreement to lift the US debt ceiling and avoid a government default approached rapidly as lawmakers’ bickering continued. The House and the Senate were working on competing plans for a resolution. “There are a lot of opinions about what direction to go. There have been no decisions about exactly what …

Read More »

Dairy product prices fall 1.9 percent , first decline in three sales, at GDT auction

Prices of dairy products fell for the first time in three sales at the latest GlobalDairyTrade auction, led by butter and whole milk powder. buy essays online cheap The GDT Price Index, previously known as the GDT-TWI Price Index, fell 1.9 percent compared to the last sale two weeks ago. The average winning price was US$4,888 a tonne compared to …

Read More »