This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Jan 21, 2008
Another Day Of Losses On the NZX?
We think that things may start stabilising this week (the trend will continue to be down but not so consistently down) but the NZX will be influenced heavily by international markets again this week. The only domestic shock would be the Reserve Bank decision Thursday on the OCR. We don't see any change there this time around. Whatever happens today on the exchange should be treated with caution as Wellington is closed for a holiday.