
Markets & data delivers mixed messages
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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.
Today we lead with news ship traffic in the Hormuz Strait is now at a complete standstill. But oil prices have eased slightly all the same. So, Wall Street rose and to new record highs.
In the US, there were +187,000 initial jobless claims last week, a slightly larger increase than seasonal factors can account for. There are now just…
The skinny
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