Q4 starts in a cautious mood
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 we are into Q4 now and it is starting out modestly in most places, despite an eye-popping rise on the Shanghai stock exchange.
First in the US, the Chicago PMI improved marginally in September although the gain was probably insignificant.
Meanwhile the Dallas Fed factory survey for the US oil patch in September eased further, although again, not a significant change.
But…
The skinny
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