NZ Commodity price rises extend

NZ Commodity price rises extend

From interest.co.nz

podcast But first, last week's American retail sales were not positive with a -2.6% fall from the prior month, and the year-on-year gain being whittled down sharply to +2.1% American data for job openings and labour market turnover rates were little changed although the "layoff and discharge rate" rose. And the number of help-wanted ads increased more slowly in December, evidence their labour market is losing momentum. The NFIB Small Business Optimism index also fell sharply in their December survey to be its lowest since the start of the pandemic there. China reported its debt growth moderated in December, ... (full story)

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