Economic Weekly: Volatility in Financial Markets Continues

  • Concerns about high inflation, central bank action, along with the war in Ukraine continue to weigh on the global growth outlook and rattle financial markets
  • Expectations of aggressive central bank tightening and heighted concerns about an energy crisis in Europe, as well as rapidly slowing activity in China all combined to impact sentiment last week
  • In the FX space, the NZD is trading below 0.6300 against the USD

Contact us

Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.