Markets discount war risks
Kia ora.
Welcome to Tuesday’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.
Today we lead with news it is becoming clearer that Iran holds the cards in the economic aspects of the Middle East conflict. Pointedly, so far no-one - not China Japan, nor NATO - has responded positively to Trump's call for naval help.
Meanwhile in the US, even though crude prices retreated somewhat today, retail petrol prices there are up +0.5% today from yesterday, up +7% in a week, up +27%…
The skinny
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