Originally Posted by
bull....
wouldnt read to much into trading action on US markets at the moment. chopping around in a smaller trading range since dec 20 ( 3770 - 3900 odd ) , within a bigger trading range ( 3570 - 4100 ) so breakout or breakdown will determine more meaningful direction in respect to the ranges.
US adp data pretty strong so reinforces fed minutes yesterday
See EU to require negative covid test from china following in the steps of many countries.
NZ an outlier now in regard to this? does that mean all china positive cases will come to holiday in NZ now :scared: and on that note i guess the slowdown in china caused by covid overwlming there country just like everywhere else at the start of pandemic means nz will have a bigger recession ?
anyway the rain has cause havoc for me not being able to enjoy my deck chair at this time of year and thinking about it dec and now jan the rain is unseasonally wet will this have dire consequences on some food prices in nz to come this yr ? orr might not be happy about the food inflation consequences