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NZ dollar falls as doubts about pace of global growth saps risk appetite

The New Zealand dollar fell against most of its trading peers amid concern the US and Chinese economies may be stumbling, weighing on growth assets such as equities, the kiwi and Australian dollars. The New Zealand dollar fell to 83.89 US cents from 84.19 cents in late New York trading on Friday. The trade-weighted index slipped to 77.65 from 77.91. …

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Dilemma for RBNZ as kiwi stays high, Auckland housing market heats up

The Reserve Bank will keep interest rates unchanged this week, though it may use the six-weekly review to highlight the conflicts of a high currency keeping prices in check and a housing market that’s threatening to stoke inflation. Governor Graeme Wheeler will keep the official cash rate at 2.5 percent, the record low it has been held at since March …

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World Week Ahead Key week for US earnings, data

Investors should be bracing themselves for more volatility as a slew of economic data and key US corporate earnings, including Apple, will either stoke deeper losses or ease concerns about the outlook. Last week provided further concern about the strength of the world’s two largest economies, the US and China, as the latest data failed to meet expectations. China’s economy …

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