Insurers dismiss Trump's promises
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 both China and the US have parallel PMI surveys and this month each told wildly different stories about how their February economies were tracking.
But first, after flat-lining in each of the past four week, US mortgage applications rose notably last week, driven by strong refi activity, covering continuing weak new home purchase applications.
The US ADP employment…
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