Given that MUFG (Mitsubishi Financial Group) own Morgan Stanley, I'd say the two notices are related.
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Given that MUFG (Mitsubishi Financial Group) own Morgan Stanley, I'd say the two notices are related.
NZ & China renew free trade agreement
By 1 Jan 2024, all NZ diary exports to China will be duty free.
RNZ article here.
Nice boost to SP today.
Geopolitical tensions have been top of mind and topic of discussion for months, so I see this as being confirmation of basically throwing any geopolitical tension out the window for dairy exports from NZ.
All we need now is to continually remind people that A2 is in fact a NZ company... seems most Australians including the media think it belongs to them (much like the Pavlova, and Phar lap the Horse)
starting to form a micro base here.
From past experiences it seems to be following the same holding pattern ...wont make its move either side, only after letting management enlighten market .
So 10.80 holds and now testing the upper limits ...let'c see where courageous shorters come out :D