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Why the New Zealand sharemarket is heading south

Why the New Zealand sharemarket is heading south
19 Feb, 2021 04:00 PM
6 minutes to read
The New Zealand sharemarket is down 7 per cent this year. Photo Greg Bowker
After a stellar performance in 2020, the New Zealand sharemarket has underperformed other markets so far this year by quite some margin.
The local market s S&P/NZX 50 index finished the year at 13,092 – up
14 per cent on the substantial lift in the previous year.
But since early January the index has dropped by 7 per cent.
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Australia s ASX200 has done better, firming 3.4 per cent.
Softness in the local market can in large part can be put down to bond yields, which are gaining as investors start to factor in inflationary pressure further down the track. ....

New Zealand , America Dow Jones , Mark Riggall , Nick Tuffley , Shane Solly , Bank Governor Adrian Orr , Dow Jones Index , Asset Management , Reserve Bank , Share Market , புதியது ஜீலாந்து , அமெரிக்கா டோ ஜோன்ஸ் , ஷேன் சொல்லி , டோ ஜோன்ஸ் குறியீட்டு , சொத்து மேலாண்மை , இருப்பு வங்கி , பகிர் சந்தை ,

US Dollar Rises, Gold Extends Drop After Surging US Retail Sales

Stellar US Retail Sales Suggests Upside Risks to GDP
USD and US Yields Extend Higher, Gold Drops Advertisement
US Retail Sales Surge, US Dollar Extends Higher
A sizeable beat on the latest retail sales data, which has also surpassed the high estimate. The retail control figure, which is important for GDP trackers, rose 6%, surpassing expectations of 0.8% and beating the high estimate of 4.3%. In turn, this will likely feedthrough into upward revisions for US GDP. The initial reaction has seen the USD extend gains across the board to hit fresh session highs with US yields also picking up, while gold remains on the backfoot as 1764 comes into focus. (Full analysis on gold here ). ....

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Welcome To IANS Live - NATION - Court acquits journalist Priya Ramani in MJ Akbar defamation case

Photo Credit: IANS
IANSLive
New Delhi, Feb 17 (IANS) A Delhi Court on Wednesday acquitted Journalist Priya Ramani in a criminal defamation case filed by former Union Minister M.J. Akbar for accusing him of sexual misconduct.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 17-February-2021 ....

New Delhi , Priya Ramani , Iansa Delhi Court On , News Service , India Private , Delhi Court , Journalist Priya Ramani , All Rights , புதியது டெல்ஹி , பிரியா ரமணி , செய்தி சேவை , இந்தியா ப்ரைவேட் , டெல்ஹி நீதிமன்றம் , பத்திரிகையாளர் பிரியா ரமணி , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - TopStory - Court acquits journalist Priya Ramani in MJ Akbar defamation case

Photo Credit: IANS
IANSLive
New Delhi, Feb 17 (IANS) A Delhi Court on Wednesday acquitted Journalist Priya Ramani in a criminal defamation case filed by former Union Minister M.J. Akbar for accusing him of sexual misconduct.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 17-February-2021 ....

New Delhi , Priya Ramani , Iansa Delhi Court On , News Service , India Private , Delhi Court , Journalist Priya Ramani , All Rights , புதியது டெல்ஹி , பிரியா ரமணி , செய்தி சேவை , இந்தியா ப்ரைவேட் , டெல்ஹி நீதிமன்றம் , பத்திரிகையாளர் பிரியா ரமணி , அனைத்தும் உரிமைகள் ,

Mt John Observatory offers a night with NZ's biggest telescope

Mt John Observatory offers a night with NZ s biggest telescope
16 Feb, 2021 08:39 PM
2 minutes to read
Mt John Observatory is New Zealand s leading obsevatory, it s also the most scenic. Photo / Supplied
Mt John Observatory is New Zealand s leading obsevatory, it s also the most scenic. Photo / Supplied
NZ Herald
For the fist time the University of Canterbury will be opening the doors of its mountain-top observatory to the public in a stellar overnight experience. It ll be just them, the experts and 50 million distant solar systems.
Mt John Observatory is a haven for astronomers in the Aoraki Mackenzie Dark Sky Reserve. The six high-powered telescopes are normally only seen by researchers. Since 1965 Mt John has become a site of pilgrimage for astro-tourism. However few guests get access to New Zealand s most powerful telescopes – let alone for the whole night. ....

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