The New Zealand dollar fell 0.80% against the US dollar to 0.5843 on September 02, adding to a weekly loss of 1.74%. The currency has weakened on both timeframes, reflecting sustained pressure on the kiwi. New Zealand's dollar is sensitive to global risk sentiment and commodity export prices, so a weaker exchange rate can raise the cost of imported goods for households.
New Zealand's NZ50 index fell 1.75% on August 30 to 13,768.18, extending a modest weekly decline of 0.82%. The index had been holding near multi-month highs ahead of the session, leaving it vulnerable to profit-taking. New Zealand equity markets are sensitive to interest rate expectations, as the Reserve Bank of New Zealand's policy path directly affects the cost of capital for domestically listed companies.
Aug 30, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep
New Zealand's NZ50 index declined 1.75% to 13,768.18 on August 29, bringing the weekly loss to 1.46%. The move reflects broad softness across Asia-Pacific equity markets during the session. The NZ50 is New Zealand's primary stock market index and includes the 50 largest and most liquid companies listed on the New Zealand Exchange.
Aug 29, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep
New Zealand's NZ50 index fell 1.75% to 13,768.18 on August 28, bringing its weekly loss to 1.22%. The decline was consistent with a broader pullback across Asia-Pacific equity markets during the session. The NZ50 tracks the 50 largest listed companies in New Zealand and is an indicator of sentiment toward smaller developed-market economies.
Aug 28, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep
New Zealand retail sales grew 0.7% quarter-on-quarter in Q2, surpassing the 0.3% consensus estimate, though slowing from the 1.1% gain recorded in Q1. The result suggests consumer spending held up better than expected even as the Reserve Bank of New Zealand maintained restrictive interest rates. Retail sales are a primary measure of household consumption, which is the largest component of New Zealand's GDP.
Aug 24, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep
The New Zealand dollar gained 0.77% against the US dollar to 0.58938 on August 16, though the pair was essentially flat for the week with a 0.0% change. The daily move recovered ground lost earlier in the week without establishing a new directional trend. The New Zealand dollar is often influenced by commodity prices, global risk appetite, and the interest rate outlook from the Reserve Bank of New Zealand.
Aug 16, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep
The New Zealand dollar rose 0.77% against the US dollar to 0.58938 on August 15, leaving the weekly change nearly flat at -0.04%. The session gain recovered a small portion of losses accumulated earlier in the week. The New Zealand dollar is often sensitive to global risk sentiment and commodity prices given the country's export-oriented economy.
Aug 15, 17:51 UTCAlternativeMarkets.AI 뉴스룸 · 데이터: Financial Modeling Prep