Hong Kong stocks go ballistic
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.
Today we lead with news Hong Kong is gripped by an unusual stock market frenzy, up +6.6% on the day.
But first, US mortgage applications fell slightly last week after the best two consecutive weeks previously. The benchmark mortgage interest rate was unchanged and still at a recent low.
This weekend (NZT) we get the important September non-farm payrolls report and it is expected to show…
The skinny
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