In terms of the week ahead, investors will be looking for guidance from the world’s Central Bankers as they meet (virtually) at the Jackson Hole symposium. The topic this year is “Navigating the Decade Ahead: Implications for Monetary Policy”.
Closer to home, NZ lockdown extension measures were announced that were largely "as expected", and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor
Technology stocks led market declines after an unexpected rise in jobless claims , with tech partially reversing recent gains even as Microsoft and Tesla released solid quarterly earnings figures.
Global markets were higher overnight with the Nasdaq technology index hitting an all-time high as the run of positive economic data continues, offsetting concerns of a second wave of covid-19.
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