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
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