Euro plunges, Kiwi down, on recession fears

May 13, 2022 | Currency, Economy, Global Share Markets

13.5.22 Markets remain firmly in risk-off mode as concerns grow that the global economy is heading towards a recession, notes BNZ Markets this morning. “The unfolding energy crisis in Europe, concerns that Beijing could be plunged into lockdown at any point, and expectations of aggressive rate hikes from central banks are all weighing on sentiment,” […]

 


 

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