Few bright sparks in coming earnings season
ANALYSIS: OCR rate cut likely to have more of an impact on market movements than company results this reporting season.
Some 40 NZX-listed companies are reporting interim and annual results in the next couple of weeks, but this week’s rate cut news is likely to have more of an impact on the market than individual company results.
On Wednesday, the Reserve Bank cut the official cash rate by 0.25 to 5.25%, the first
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