News
NZ to Vaccinate South Auckland & Tamaki Makaurau Residents Soon
March 05, 2021 04:14 AM CET| By Team Kalkine MediaSource:solarseven ,Shutterstock With just around 9,431 receiving the first shot of Pfizer/BioNTech Covid-19 vaccine as on Tuesday (2 March), New Zealand is all set to administer the vaccine to the other priority groups. Source: Copyright © 2...
Auckland home builders faced supply constraints in Dec quarter: Stats NZ
March 05, 2021 04:09 AM CET| By Team Kalkine MediaSource: grandbrothers,Shutterstock Summary Home builders in Auckland have reported a rise in supply pressures. Survey revealed greater impact from availability of materials and equipment for residential building in Auckland than non-resid...
4 Foreign Stocks Hitting It Out Of The Park In The US
March 05, 2021 03:56 AM CET| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
How Bond Yields impact an economy
March 05, 2021 03:29 AM CET| By Team Kalkine MediaSource:husjur02,Shutterstock Summary US 10-year Treasury yield crossed the 1.6% mark and hit a one-year high last week following vaccine rollout and Biden government’s anticipated stimulus package. Bond yields have an impact on the economy...
US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 04, 2021 10:46 PM CET| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
Meme Stocks Can Backfire, Just Look At Hertz
March 04, 2021 05:35 PM CET| By AnujSource: JomNicha, Shutterstock Before the Reddit-fueled rally of 2021, retail traders had heavily boosted the penny stocks of bankrupt rental car firm Hertz Global Holdings (HTZGQ:US, OTCPK: HTZGQ) in 2020 to reap maximum profits. Fast forward to T...
Why Google Won’t Look For User Cookies Any More?
March 04, 2021 10:23 AM CET| By Ipsita Sarkarogle accounted for more than half of all global digital ad spending last year. Google won’t be prying on your browsing history after all. The California-based company said on Wednesday that it will stop tracking people’s internet dat...
What’s fuelling the surge in Bond Yields?
March 04, 2021 08:31 AM CET| By Team Kalkine Mediaof jobs with policies potentially enhancing the positive sentiment in the market. The surge in US treasury yields has impacted global economies, stirring the pot for already vulnerable international markets. The sudden increase in the 10-year tr...
RBNZ draws housing direction and stresses on stimulatory monetary conditions
March 04, 2021 08:00 AM CET| By Team Kalkine Mediaprices and share prices that are a significant risk to economies. RBNZ has stayed in a strong spot to continue to achieve its goal in the midst of COVID-19-induced economic jolt. On 4 March, Adrian Orr, RBNZ Governor, deliv...
Mitsubishi Express Receives Lowest Ever Zero Star Rating by ANCAP
March 04, 2021 07:53 AM CET| By Team Kalkine Mediao other Mitsubishi fleet since buyers demand 5-star ratings while making purchases. Source: Copyright © 2021 Kalkine Media Pty Ltd ‘Mitsubishi Express’ was unveiled last year, and has become the first car in the history of Au...
New GMC Hummer EV’s crabwalk feature set to enrich driving experience
March 04, 2021 05:50 AM CET| By AshishSource:LeStudio,Shutterstock Summary The new all-electric Hummer by General Motors is all set to change the way people drive. In a recent video, the electric vehicle was seen criss-crossing across snow, while performing some adventurous moves...
SpaceX’s Starship prototype explodes after a seemingly successful landing
March 04, 2021 04:54 AM CET| By Aayushn Musk plans to send people to Mars by as soon as 2023 via these starships. Space Exploration Technology Corporation (SpaceX) had yet another flub that involved its Starship rocket prototype. On Wednesday, SpaceX’s unmanned rocket prototyp...
Are Cruise-Ship Stocks Turning Bullish In 2021?
March 04, 2021 02:55 AM CET| By Mark O'DonnellSource:Smit,Shutterstock Summary Positive indicators are towing Cruise stocks into bullish territory. Royal Caribbean will begin cruising out of Israel with vaccinated passenger in May. Carnival expects to return 24 liners into service by the...
US Stocks Continue To Fall On Fed Policy Worries, Bond Yields
March 03, 2021 10:39 PM CET| By Team Kalkine MediaSource: Phongphan ,Shutterstock Summary S&P 500 dropped 1.31%, Dow Jones shed 0.39%, and NASDAQ plunged 2.70%. Treasury bond sell-offs spike market volatility, trigger inflation worries. The 10-year US Treasury bond yield surged 3.67...
Future of Bitcoin in Question As China, India Counter Crypto Wave
March 04, 2021 07:51 AM AEDT| By AnujSource: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...
5 Canadian Crypto Stocks Under C$11 To Invest In March
March 04, 2021 03:18 AM AEDT| By AnujSource: tetrisfun, Shutterstock Bitcoin has once again surpassed US$50,000 per token resistance level yesterday, and it is inches away to retain its US$ 1 trillion market cap. The giant blockchain-powered coin is expected to cross a US$ 60,0...
Problems galore for Kiwis during Auckland’s COVID-19 lockdown
March 03, 2021 02:10 PM CET| By Team Kalkine MediaSource: Nhemz, Shutterstock Summary Auckland was put under another lockdown, prompted by a coronavirus case who has been infectious for a week but did not go in quarantine. Auckland power outage postponed by Vector Limited but the Company woul...
Are the Bubbles of Crypto Currencies Busting?
March 03, 2021 11:33 AM CET| By Team Kalkine MediaSource: Wit Olszewski, Shutterstock Summary Ethereum has broken the major support zone on the daily chart and delivered an impressive return of ~273 percent in the last three months. Now the Ethereum prices are trading near major hurdle around...
How Bond Yields are Driving the Forex Market
March 03, 2021 10:20 AM CET| By Daminie Australian dollar. The bond market has begun to recover from the recent market sell-off, inducing a fall in the US Treasury yields. Last week, the sudden rise in the US bond yields soothed the enthusiasm of stock participants around the world,...
NZ Facing Massive Rise In House Prices- Will It See A Silver Lining?
March 03, 2021 10:10 AM CET| By Team Kalkine MediaSource: Nature's Charm, Shutterstock Jacinda Ardern, NZ Prime Minister, who had vowed to resolve the country’s housing problem upon her election as the PM, is under constant pressure to control the country’s escalating housing prices....