Global economic pressures ease
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Kia ora.
Welcome to Monday’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 that now the Hormiz situation is settling down somewhat with oil prices easing, the global economy seems to be responding with a better outlook.
First today, the widely-watched US ISM services PMI came in at a good level for June even if slightly softer than for May. Price pressures eased slightly, new business stayed at good…
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