Breakfast briefing: American SMEs hit hard
Kia ora,
Welcome to Thursday’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 financial markets are absorbing some conflicting American data, and moving sideways today, with the USD easing.
There were two services PMIs for the giant US economy out today. The ISM version edged up slightly for November, notable because it was expected to edge down. And the result is the best in nine months for this metric. The continued expansion in both…
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