The New Zealand share market rose yesterday as Telecom resumed its rally however The New Zealand dollar failed to push higher against a broadly weaker greenback overnight, as stocks rallied strongly in the United States amid hopes the worst of the global economic crisis could be over and Oil fell below US$53 a barrel, paring some of the 4 percent gains chalked up in the previous session.
The Government is upping the amount of money it is raising from the sale of bonds in the current financial year by $1 billion and is signalling the sale of more longer-dated bonds.
We certainly live in interesting times.
What are you doing to make sure you have enough for your retirement?
Visit us at Professional Investment Services for a free assessment of your current strategy, if we can help you we will let you know, if we can’t it will be nice to have that second opinion that your current strategy is working for you.
