Peace, goodwill, and profits to all men (and women).
One of the common daily features in global finance: it sounds good, but it nevertheless is incorrect.
Stronger than expected October retail sales have added to inflationary pressures, keeping the heat on the RBNZ to lift interest rates further.
Surging retail sales drove the Dow to a new high overnight – briefly.
Weekly musings from your editor.
It’s prediction time in the markets, the Commonwealth Bank giving its outlook for the year ahead, taking a positive view in terms of growth and equity market performance.
The wind down has begun with little to watch out for this week.
New Zealand’s cash rate remained on hold yesterday despite the RBNZ’s stringent inflation warnings. Economists see only a delay, not a policy change.
Weekly musings from your editor.
Merger mania returned to the Street last night, overcoming bad news from Pfizer.