So just a minor, distinctly un-worrying guidance adjustment after all.
Now for that relief rally!
:t_up:
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Guidance announcement released, revised lower due to slower then anticipated rebound in Daigou channels
Resumes @ 2.44 today
just remember there be massive volumes at end of day for futures adjustment esp in a2
Hardly a massive downgrade.
There you go... back to the yatching then? looking for champagne deals at your local super market. French champagne anyone? Or a nice south island white? Supporting the local white wine growers this xmas. Dropped off a few nice whites as presents today already. Cheers to al holders but we cant buy till monday what a shame!
When you expect the worst this is almost a relief.
"What's with this teaching your grandmother to suck eggs? Some of us have lived through all of this."
well if you were in your teens or twenties then. Any younger and the news of those events would have only come later one images unless of course one was already following dispatches at the time. Dispatches would have come via australian papers at the time and from India via london. News would have taken time to reach NZ and that is something worth spending some time investigating. Just the kind of research i enjoy.
I will look into it. Where would i start? Simply i will start at the ministry this afternoon by contacting recent staff.
Just saying we dont expect the fall out from the Australian trade position to move on next week and it may only get worse.
yes guidance could easliy get worse again next year
TA broken long-term triangle on 1-week chart. target $6.00 don't @me.