Latest fromMonetary Policy
World shares up as Greek hopes kept alive
World shares were up overnight as investors embrace the news that the Greek bailout may actually succeed.
Bernard Hickey: Are NZ banks about to raise interest rates?
NZ banks may follow their Australian parents and hike floating mortgage rates before any official move, but will struggle to justify it.
NZ dollar falls amid talk of pending Greek deal
The New Zealand dollar dipped below 63 euro cents for the first time in more than a week amid speculation a Greek deal is near.
NZ dollar touches new high vs euro
The kiwi dollar has touched a new record high against the Euro, hitting 63.20 euro cents.
World markets rally on US housing, Spanish bond news
Stocks in Europe and the US rallied overnight, with a big jump in US housing starts, good German business confidence and a healthy appetite for Spanish debt.
EU woes linger over world markets
Worries over the fate of the euro and the EU's member states continue to drag on the single currency and equities in Europe and on Wall Street.
Euro plunges, Wall St drops overnight
The euro has fallen to an 11-month low versus the US dollar and global equities are extending losses on Wall St.
World markets down as ECB disappoints
Equities on both sides of the Atlantic dropped overnight on disappointment the European Central Bank won't be boosting its bond purchases to help ease the euro zone's fiscal crisis.