A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
The sharemarket is bracing itself for what is looking like one of the worst December earnings seasons on record. Brokers Forsyth Barr expects to see a median.
New Zealand shares posted their
biggest weekly jump since early November on Friday but ended the
session lower dragged by banks and utilities, while investors
awaited a key U.S. inflation reading to.
New Zealand shares snapped a
four-session rally on Friday but were set for a weekly gain,
while global stocks rose overnight after data showed the U.S.
economy grew quicker than expected in the fourth.
The New Zealand sharemarket had another quiet day, ignoring further gains on Wall Street, but it completed the week with a healthy rise of more than one per.