Fitch affirms New Zealand 'AA' rating; outlook Stable

The US-based ratings agency, Fitch Ratings, is out with its review on New Zealand’s sovereign credit ratings, affirming the AA rating while maintaining a Stable outlook.

US: January retail sales soften – Nomura

US retail sales declined 0.3% m-o-m in January, below expectations (Nomura: +0.4%, Consensus: +0.2%), showing broad-based softness among components an
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NZD/USD climbs Wednesday on Dollar dump, holding steady at the top

Kiwi is off its recent two-week high of 0.7395, trading near 0.7373 ahead of European markets. NZD/USD has closed higher for four straight trading da
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