Comcast reportedly no longer in deal talks with Fox

NEW YORK (AP) — Citing a Comcast statement, the Wall Street Journal reported that the cable company is no longer in discussions to buy pieces of 21st Century Fox . That could open the door to a Disney bid.Comcast declined to provide…

Prime Minister Jacinda Ardern pleased with 'significant progress' government has made as its 100 Day Plan reaches halfway stage

Tweet The following is a press release issued by Prime Minister Jacinda Ardern. Progress accelerating on 100 Day Plan This week marks the half way stage of the Government’s 100 Day Plan and will see further pleasing progress on delivering on our commitments, says Prime Minister Jacinda Ardern. “We promised we would be a different government, one that makes dealing …

The market has priced in a 98% chance for a Fed rate hike this week; ECB, BoE, Swiss National Bank and Bank of Norway to also announce policies this week; NZD rallied on the Adrian Orr announcement but it is hard to see the rally continuing

Tweet By Howard Wilcox*: Friday’s Non-farm payroll data was encouraging, confirming that the US economy continues to recover. The data showed that job growth continued to be solid with 228,000 jobs created over the month, unemployment levels held steady at 4.1%, but wage growth was below expectations. With conditions now set at around a 98% chance for a rate hike …

The Opening Bell: Where currencies start on Tuesday, December 12, 2017

Tweet By Dan Bell The NZDUSD opens at 0.6916 (mid-rate) this morning. The NZD has been the strongest performing of the G10 currencies. The NZD rallied following the announcement that Adrian Orr has been appointed as the Reserve Bank Governor effective from 27 March 2018. Mr Orr the current CEO of the New Zealand Superannuation Fund and former Deputy Governor and …

NZD moved up around 0.75% on the news of Adrian Orr’s appointment as RBNZ Governor; local rates were higher and steeper; Fed will almost certainly hike the Fed Funds Target Range by 25 basis points on Thursday

Tweet By Nick Smyth The NZD is up against all the major currencies over the past 24 hours after news that Adrian Orr had been confirmed as the new RBNZ Governor.  There hasn’t been too much movement elsewhere, as markets tread water ahead of key events later this week (FOMC, ECB and BoE meetings, US CPI).  Adrian Orr will stand …

Allies warn US on tax moves; HSBC off the hook; China debt growth surges; Australia shines light on tax dodgers; UST 10yr yield at 2.38%; oil up, gold unchanged; NZ$1 = 69.2 US¢, TWI-5 = 72.3

Tweet Here’s my summary of the key events overnight that affect New Zealand with news the New Zealand currency is rising strongly. But first, the looming new US tax ‘reform’ is about to place more strain on America’s place in the international arena. Germany, France, Italy, Spain and the UK have told the US this planned corporate tax reform will …