New Zealand jobs growth loses pace

Note: This section contains information in English only.
Source: Bloomberg

New Zealand employers recruited workers at a slower pace than projected in the second quarter, adding to omens that economic growth is decelerating, reacting to higher borrowing costs. The employment rose 0.4%, adding 10,000 jobs, compared to the first quarter, when the employment increased 0.9%. The unemployment rate dropped to 5.6%, the lowest level in nearly five years.  

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Wed, 06 Aug 2014 09:04:10 GMT

US shares drop due to tensions in Ukraine

US stocks closed lower on Tuesday as they plummeted in the afternoon with concerns about Ukraine having a large effect. As reports came out that Russian troops were gathering near the Ukraine border stocks from the energy sector took the biggest hit falling 2.1%. Overall, the DJI finished 0.84% lower and the S&P 500 fell 0.97%.

Wed, 06 Aug 2014 07:04:12 GMT

Dollar close to 11-month high with boost from positive data

The US Dollar index was near a 11-month high as upbeat US data helped it climb on Wednesday. With the index reaching 81.626 on Tuesday the last number was not far off at 81.550. In addition the main force behind the move was the US services sector and factory orders data. Meanwhile, the Kiwi was lower due to falling milk prices.

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