New Zealand is looking UP ( BNZ Economist, Tony Alexander)

NZ looks to be in very good shape compared with other economies where uncertainty persists about the true underlying strength of the recovery in the United States, Japan, Europe, and to a lesser extent the UK.

Confusion also exists regarding the immediate pace of growth in China’s economy with some data coming in weaker than expected (not exports though), but the PBOC facilitating some unusual weakness in the Yuan for reasons unclear.



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