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Category: "NZ Business"
Fonterra new season milk price forecast $6.25-$7.25; current season forecast narrowed to $6.30-$6.40.
Bitcoin leaps +NZ1500 in a day, now up over NZ$11,100, a +40% rise since May 1, 2019 and highest since August 2018.
Daily currency rates comparison and news for Wednesday, May 1, 2019
Net result is a flat US equity market and softer USD across the board, with GBP outperforming; US rates have pushed lower; CAD has performed well despite Canada GDP growth
House prices flat and sales volumes down in April – REINZ.
RBNZ cuts Official Cash Rate by -25 bps to 1.5% – ANZ first bank to trim rates for both home loans and term deposits, but reductions far less than the RBNZ cut
The Opening Bell: Where currencies start on Wednesday, May 1, 2019
Fonterra’s Tip Top icecream business sold to EU-based Froneri, a private-label icecream manufacturer controlled by Nestle.
Easter and Anzac Day took their toll on Auckland housing sales – Barfoot & Thompson
The Property Newsletter
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