Weekend briefing; Fear trumps evidence | interest.co.nz - Interest.co.nz
7/29/2022 12:00:00 AM3 years 7 months ago
US sentiment terrible despite positive data; global GDP reports generally positive; China focuses on stabilising; UST 10yr 2.66%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.1
Here's our summary of key economic events overnight that affect New Zealand, with news strong corporate earnings, rising wages, and tight labour markets aren't overcoming fears on "imminent recession… [+6306 chars]
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