US business activity slows
Kia ora,
Welcome to Wednesday’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 the latest data shows American business activity slowing further.
But first up this morning we should note that the overnight dairy Pulse event brought little-change to either the ASMP or WMP prices. This is as expected for SMP but 'better' than expected for WMP. In NZD however there was a rise because the Kiwi dollar fell. All eyes are now on tomorrows Fonterra…
The skinny
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