Markets recoil with 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 news that currency markets, bond markets and equity markets all react to unexpectedly 'strong' US data releases overnight, much of it sceptical. In fact we are getting rising risk aversion questioning its believability.
US initial jobless claims came in last week at just over 180,000, and less than expected, and less than seasonal factors would have indicated. There are…
The skinny
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