Daily Alert: Normal service resuming

  • Global markets were calm overnight, with a mild ‘risk-on’ vibe tending to shine through.
  • The Bank of England didn’t “do a Fed”; in contrast, the BoE’s more dovish message saw the GBP underperform and UK interest rates fall.
  • ‘Twas a quiet day in local markets yesterday with most folk simply bathing in the aftermath of what was likely NZ’s greatest ever sporting accomplishment yesterday morning.

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