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Daily Market Report
for 20/12/2014
Australian dollar isn't done dropping, say analysts
19 Dec 2014 18:29 Sydney Morning Herald
Despite slumping to new four-year lows against the US dollar and also dropping against other currencies in the past days, the Australian dollar still hasn't troughed, analysts believe. On Friday, the currency took a breather from the previous session's ...  more...
Here's why the most bearish Canadian dollar forecaster sees more declines
19 Dec 2014 07:33 Financial Post
“Our estimate is very close to a rule-of-thumb that can be derived from comments by the Bank of Canada, which would suggest that a 10 percent decline in oil prices leads to a 0.1 percentage point drag on growth.  more...
EMERGING MARKETS-Colombian peso, Mexican stocks skyrocket on Fed, oil
19 Dec 2014 08:30 Reuters
(Updates prices, adds Mexico markets, trader quote) By Asher Levine and Jean Luis Arce SAO PAULO/MEXICO CITY, Dec 18 (Reuters) - Colombia's peso closed sharply stronger on Thursday while Mexican stocks posted their biggest gain in over four years ...  more...
Auckland convention centre cost jumps by a fifth
19 Dec 2014 15:14 Scoop
Dec. 19 (BusinessDesk) - SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further ...  more...
New Zealand Dollar Reversal is Short-Lived
19 Dec 2014 04:22 DailyFX
NZDUSD - The New Zealand Dollar showed early signs of setting a lasting low versus the US Dollar, but a recent shift in sentiment keeps our bias towards selling NZD gains until further notice. Trade Implications NZDUSD - Last week we noted an important ...  more...
Christchurch spending continues to grow
19 Dec 2014 12:06 Scoop
Christchurch's growth in retail and hospitality spending continues to outpace that at the national level, Statistics New Zealand said today. For Christchurch city, after seasonal fluctuations are removed, retail and hospitality sales increased 1.2 ...  more...
NZ dollar at 11-month high vs. Aussie dollar
19 Dec 2014 17:32 Scoop
Dec. 19 (BusinessDesk) - The New Zealand dollar rose to an 11-month high against its trans-Tasman counterpart as investors weigh up the competing attempts by the neighbouring central banks try and talk their respective currencies lower in a market ...  more...
Sustainable Housing Development Reaches New Milestone
19 Dec 2014 11:47 Scoop
A sustainable housing development in Hastings has reached a new milestone, with the first of eleven solar PV equipped new-builds complete and open as a show home. The housing development, a joint project between Horvath Homes, Unison and Hastings District ...  more...
How to Become a Customer of Choice With Your Suppliers
19 Dec 2014 19:00 Gallup.com
A company is very fortunate if it has good, trustworthy suppliers. Ongoing delivery of high-quality, reliable products at reasonable prices helps ensure smooth operations, productivity and success of the company's products in the market. But know this ...  more...
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