Worldwide coronavirus cases surpass 114.96 million with over 2.549 million official Deaths.
Day 3 for Aucklanders in lockdown level 3 today, expected to last for 7 days through to Sunday morning.
Overnight equity indices rise, surge risk products higher. With the Federal Reserve reaffirming their stance on accommodative policy the bond markets are not so sure
RBA Boosts their bond buying by 3B.
Japanese Jobless rate for January comes in at 2.9% after 3.0% was expected.
RBNZ’s Hawkesby said the central bank is committed to prolonged stimulus and will cut the cash rate if needed- saying the economy in NZ is uneven and fragile.
Major Announcements last week:
RBNZ retains cash rate at 0.25%
NZ Business Confidence index fell several points
NZ Private Capital Expenditure fourth Q improves to 3.0% from 1.1% forecast
US Chicago PMI read for February fell to 59.5 from 63.8 in January
