New Zealand’s Fonterra maintained its milk price forecasts for 2017-2018

New Zealand’s dairy giant, Fonterra, announced earlier today that it maintained its milk price forecasts for 2017-2018.

Key Detail (via Reuters):

Farm gate prices unchanged at NZD 6.75 / kg ms

Forecast for EPS at NZD 45 to 55 cents

For total farmer payout of NZD 7.20 to 7.30

Sep 25, 2017

Moody's: Credit profiles of Korean corporates to remain broadly stable, despite rising geopolitical tension

The US ratings agency, Moody's Investors Service, out with the latest report on the credit review of the Korean companies, in the wake of the ongoing

NZD/USD remains stuck between 0.7200 and 0.7350, with more of the same expected during the week ahead, according to Imre Speizer, Research Analyst at