NZ food price inflation lower in the month.
NZD off a few tics. The NZD had slid early on the trade war escalation tweets over the weekend. It retraced back towards its late Friday levels and is just under as I update.
Eyes are on China today and further responses to the break down in negootaitons. We went from ‘a trade deal is imminent’ to a complete dog’s breakfast in the hours towards the end of last week. Not a risk positive outcome.