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90 seconds at 9 am:NZ$ slides (news with Bernard Hickey)
- Published_at:2012-05-02
- Category:News & Politics
- Channel:ofInterestNZ
- tags: NZ$ slides, Interest.co.nz, 90at9, New Zealand, Bernard Hickey, NZD vs USD, US jobs data, ADP jobs report, Non farm payrolls, S&P500, Eurostoxx, European jobs data, German Jobs data weak, NAB's bps cut, RBA's bps cut
- description: NZ$ down to 81 USc Was over 81.5 USc Near 4 mth low Weak stocks US jobs data ADP Jobs report 119,000 jobs added Fewest in 7 months 177,000 expected US jobs weak Non farm payrolls On Friday night S&P down 0.3% Eurostoxx down 0.7% European jobless 10.9% in March Up from 10.8% in Feb Highest since April 97 Euro manufacturing Contracted in April Jobless up in Germany Weak recovery High debt + austerity Deleveraging NAB cuts 32 bps First to move RBA cut 50 bps Rest will do
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2012-05-06 | 284 | 0 | 0 |
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