Despite tough news, global PMIs mostly positive
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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 we head into the final week of the northern holiday season with financial markets reacting to tough news on multiple fronts.
US missteps are catching up with them and that is driving higher interest rates and a lower USD, both a which involve an economic squeeze. Then there is the collapse the US-Canada trade…
The skinny
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