Anzacs retreat on weak China data

Aug 16, 2022 | Currency, Economy

Bad economic news out of China has driven a weaker yuan and the NZD and AUD down 1.4%, with losses sustained after bad economic news out of the US overnight, notes BNZ Markets. Oil prices and global rates have also fallen, but equity investors have adopted the bad news is good news playbook and this […]

 


 

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