| Interest rates tipped to rise despite CPI dip Economists expect the Reserve Bank will raise interest rates further late this month, despite lower than expected inflation figures.Statistics New Zealand (SNZ) today said the consumer price index (CPI) rose 0.3 percent in the... nzherald.co.nz |
Dollar falls 1.2 pct vs Swiss franc (at Reuters) The dollar extended broad losses on Thursday, falling 1.2 percent on the day against the Swiss franc. The dollar fell to 1.0430 franc , its lowest in a week. us.rd.yahoo.com |
Euro and Yen Outlook [TheStreet.com] - While the eurozone smolders, it s a different kettle of fish for the yen. finance.yahoo.com |
US stocks waver as traders move into Treasurys, gold NEW YORK - Traders put their September stock rally on hold and moved into Treasurys and gold overnight, a day after the Federal Reserve said it was ready to take more action to boost the economy.The Dow Jones industrial average... nzherald.co.nz |
Chinese PM rejects EU's yuan criticism Chinese Prime Minister Wen Jiabao yesterday dismissed criticism from European officials of his country's economic and financial policies, ending talks at the EU headquarters on a sour note.The mood began to darken on Wednesday... nzherald.co.nz |