Daily Alert: Rise in COVID-19 cases weighs on NZD

  • NZ yields, the NZD and confidence of a shift lower in alert levels in Auckland from next week all dipped after 45 new community cases were announced yesterday.
  • Concerns over US fiscal policy remain, along with those over higher inflation and the Evergrande situation.
  • Business sentiment data and the NZ COVID-19 count released at 1pm today.

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