The Markets

Markets waits on US Fed...

Wednesday 16th of June 2021

The S&P/NZX 50 Index fell 114.79 points, or 0.9%, to 12,581.6. Within the index, 15 stocks fell, 29 rose and six were unchanged. Turnover was $164 million.

Markets traded with a cautious tone with investors holding out for any signs the US central bank would look to tighten generous monetary policy settings that have unpinned high equity prices

Interest rate strategist at BN...

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