NZ and Australian dollars rally after China’s new stimulus moves
Forsyth Barr investment strategist Zoe Wallis talks China, RBA, and Kiwi business confidence in a look at the market week ahead.
‘Australasian economies generally are seen to benefit when China does better.’
The New Zealand and Australian dollars rallied in the wake of China’s biggest stimulus measures since the Covid pandemic, highlighting the strong commodity export ties between the nations.
China remains New Zealand’s biggest export market and we’re “very tied in” with what happens with
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