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The NZX 50 was almost flat, trading around 13,696 in Wednesday morning deals, after remaining flat in the previous session, as gains in consumer staples and real estate offset declines in consumer discretionary and communication services. Easing oil prices lifted sentiment as concerns over inflation and interest rate h
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem
New Zealand’s NZX 50 advanced 105 points, or 0.8%, to 13,985 in Friday morning trade, halting prior-session losses and tracking Wall Street’s tech-led rally.