Pundit Press

Wednesday, July 06, 2011

Massive 8.0 Earthquake Strikes Off New Zealand

The earthquake is a 7.8, and it's that big red dot in the Pacific, near New Zealand.
There are tsunami fears. Warnings are in effect for Tonga and the Kermadec Islands, according to the Pacific Tsunami Warning Center.
The New Zealand dollar is falling a bit on the news. You can see the big dropoff on the Kiwi on this chart.
More details here from the USGS.

From Business Insider

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Posted by Aurelius

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