Receding recession fears lift US market

May 30, 2022 | Commodities, Currency, Economy, Global Share Markets

30.5.22 Risk assets ended last week on the strong note (S&P500 +2.5%) as global recession concerns appeared to diminish, notes BNZ Markets this morning. This helped drive a strong rally in the NZD and other commodity currencies, the NZD closing above 0.65 for the first time since early May, says Nick Smyth. Global rates were […]

 


 

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