Middle East attrition going nowhere
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.
Today we lead with news financial markets are relatively calm today mainly because the Persian Gulf situation has slipped into a stalemate with no new developments good or bad.
But first up today, the overnight dairy auction brought little change in overall prices, but there was surprising variation between the commodities on offer. The net result was a tiny +0.1% gain in USD, +0.4% in NZD…
The skinny
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