Trump's latest double standards rattle financial markets
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.
And today we lead with news markets will be on edge this week after a sharp -2.7% retreat on Wall Street on Friday and the largest one-day drop since early April. Bonds twisted into defensive mode. Commodities fell, especially oil. Bitcoin retreated sharply. And the USD shifted into its traditional risk-averse mode but not by as much as you might have expected. Many traders seem to want to shift…
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