Daily Alert: Settle in, we might be here a while longer
Rising active cases in the community and a ballooning list of locations of interest and close contacts to trace are ominous signs that stringent lockdowns will be extended.
The NZ sharemarket was down 0.1% on Friday, but rose 1.4% over the week, in contrast with global shares that rose Friday but eased over the week.
We expect another strong quarter for retail sales when Q2 data are released on Tuesday, continuing the theme of the NZ consumer driving the domestic expansion.