NZ elections
New Zealand dollar is down at the beginning of the week
The New Zealand dollar opened lower with a gap against the US dollar reaching lowest level over four months at 0.7057, which is a strong support level.
What's new about the New Zealand elections so far?
2 Oct 2017 01:20 PM |Nearly a week after the announcement of the results of New Zealand's parliamentary elections, it seems that it will now start talks on forming a new government this week. The results showed that the ruling National Party, which formed the previous government, had 58 seats, and Labour Alliance with Greens won 52 seats and New Zealand first party won 9 seats.
Daily wrap up – 25 September
25 Sep 2017 06:48 PM |The start of the week was dramatic for the euro, despite the success of Angela Merkel for a fourth term during the German federal elections on Sunday, September 24, the Christian Democratic Union (CDU) and the Christian Social Union (CSU) win 33% of the vote. The ruling party's current partner the Social Democratic Party (SDP) printed the worst result since the Second World War by getting 20.5%, prompting the leader of the party to describe this day by bitter today, and the shock was in the success of the far right-wing party to enter parliament for the first time in half a century, represented by the Alternative for Germany Party (AFD), which has not been established for 4 years.
The week ahead (25 – 29 September)
25 Sep 2017 02:55 PM |The weekend saw flaming events as elections were held in New Zealand and Germany, New Zealand's ruling National Party has won the largest number of votes, reaching 46%, while the opposition Labor Party has won 35.8%. The next few days will witness talks in order to form a coalition, to form the new government pending the announcement of the results officially on October 7.
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