NZ dlr gains as Europe govts prop up banks; bonds weak

WELLINGTON, Oct 14 (Reuters) - The New Zealand dollar gained almost a cent on Tuesday, as risk appetite returned to the market after equities soared on European efforts to rescue banks. * NZ dollar firmed above $0.61 as the UK, Germany and French government announced plans to guarantee banks and take equity stakes, amid signs credit markets were starting to flow again. see * The move sees Wall Street poised to post its biggest one day gain of all time, with the main indexes all up 11 percent, in a spectacular recovery following the worst week ever. * All of New Zealand's main banks... [read full story]