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Rest of world rises while the US on holiday

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 that while financial markets are quiet due to the US Labor Day holiday, the data being reported in the rest of the world is actually very encouraging, especially for the factory sectors.

In China, the private Caixin PMI has a new sponsor - RatingDog. It is still produced by S&P Global. That August factory PMI showed manufacturing output returned to growth in August…

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