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We are in full operation and following the correct measures during the Coronavirus outbreak. If required we will work from our homes and will continue to supply the same 24/7 service. If you have any questions please call or email one of the dealers.
Key Points: Worldwide coronavirus cases surpass 419.569 million with over 5.876 million official deaths. New Zealand has 1573 active cases of coronavirus with 62 people in hospital, none are in intensive care. The NZ border will reopen in stages from the 27th of this month in a 5 step plan of self-isolation for travellers to reduce the…
The New Zealand Dollar (NZD), British Pound (GBP) pair has been centre of attention this week with a slew of data releasing. UK CPI came in at 6.7% compared to 7.0% predicted leading to a halt to the Bank of England (BoE) cash rate overnight. This ends their 14 straight run of hikes. It was…
NZ Business Confidence gapped, from minus 52 at the end of Q4 2023, to only minus 2. This was a massive rebound and is a confirmation that business is positive regarding the new Government policies, so far. Resurgent inflation in Europe and the US has pushed bond yields higher and enabled the US Dollar to…
The New Zealand Dollar (NZD) has moved off lant week’s high at 0.4740 (2.1100) to post 0.4685 (2.1350) last night against the British Pound (GBP) as risk currencies were hit hard off the back of US jobs data. Overnight trading improved the kiwi slightly to 0.4710 (2.1240) as sentiment corrected. UK Construction came in light…
Market Overview: In breaking news- President Trump has delivered remarks to impose 10% tariffs on 200 Billion worth of Chinese imported products, these duties will rise to 25% at the end of the year. Trump said the rise to 25% would come into play on the 19th of January 2019 if China retaliates. He would…
The Australian Dollar (AUD) rallied back from 1.0800 (0.9260) levels Monday against the New Zealand Dollar (NZD) reaching 1.0850 (0.9215) late in the day before falling back towards 1.0820 (0.9240) heading into Tuesday. One would imagine a little jostling in the markets ahead of the RBNZ rate decision tomorrow could be the culprit with the…