Some good data draws investor scepticism
Kia ora,
Welcome to Friday’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 markets investors are looking sceptically at restarted US data and the outstanding Nvidia result.
First, the American initial jobless claims reporting has restarted, and they say 216,700 new people filed for these benefits last week, up from 214,000 in the same week a year ago. There are now 1.727 mln people on these benefits, up from 1.66 mln a year ago and the highest…
The skinny
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