US retail data drops markets

May 19, 2022 | Currency, Money Market

19.5.22 US equities have plunged as some poor earnings results from the retailers provide a reality check on how damaging a high inflationary environment can be, says BNZ Markets. Bonds have found a safe-haven bid and so have JPY, CHF.  The USD has also been well supported, comments Jason Wong, senior markets strategist. The NZD […]

 


 

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