US & Japan reach tariff deal, one Japanese investors love
Kia ora,
Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news of more big-country tariff negotiation updates.
But first, US mortgage applications were little-changed last week as their benchmark 30 year mortgage rate rose.
Meanwhile, American home resales fell in June from May to an annualised rate of under 4 mln and down -4.4% from June 2024. This was largely driven by declining sales of single family homes. But median prices…
The skinny
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