Israel Iran conflict seems contained for now
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.
And today we lead with news there are hopes, early ones at this stage, that Iran is looking for an off-ramp in its fight with Israel, or at least, so says Trump. That was enough to bolster equity markets today. But the USD is falling and bond yields are rising.
But it is shaky with the G7 summit talks starting in Banff, Canada, and all participants having starkly different viewpoints from the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.