NZ share market to suffer collateral damage from US rate hike
A rise in interest rates in the US, expected in December, is probably going to reduce the attractiveness on New Zealand's high-yielding equities.
Jenny Ruth
Mon, 10 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The New Zealand share market is likely to suffer collateral damage once the Federal Reserve in the United States begins raising interest rates.
While weaker than expected employment data in the US on Friday put paid to any rate hike before the US presidential election, the market is pricing in a
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Jenny Ruth
Mon, 10 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.