NZ COVID count climbs, with nervous markets on lookout for taper talk at Jackson Hole

  • NZ COVID cases continue to climb, pointing to the likelihood of Alert Level 4 restrictions being extended (at least in Auckland) until well into September.  
  • Markets were in a nervous mood overnight, leading up to the looming (virtual) FOMC Jackson Hole meetings and trading with a modest risk-off tone.  
  • Global equities were slightly lower overnight.


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