Welcome to the August 16 edition of Tony Alexander's Weekly Overview



Summer holidays offshore keeping things quiet

This week offshore apart from some better than expected data on retail sales in the United Stats fresh developments have been few and far between with many people on holiday. So exchange rates are little changed from where they were last week. Wholesale interest rates have however crept up a tad in response to the US data along with our own better than expected retailing numbers.

In the WO this week I have commenced writing something regularly on China and issue an invitation to anyone with a question about what is happening over there and why to email me at tony.alexander@bnz.co.nz


For further commentary see www.tonyalexander.co.nzwhere you can find results of our two monthly surveys conducted in the past week – the BNZ Confidence Survey and BNZ-REINZ Residential Market Survey.

Best regards
Tony Alexander
Chief Economist

BNZAugust16 BNZAugust16 (142 KB)

Any views expressed in this publication are the views of Tony Alexander and do not necessarily represent those of BNZ, or its related entities. The information in this publication is provided for general information purposes only, and is a summary based on selective information which may not be complete for your purpose. To the extent that any information or recommendations in this publication constitute financial advice, they do not take into account any person's particular financial situation or goals. Bank of New Zealand recommends that you seek advice specific to your circumstances from your financial adviser. Neither Bank of New Zealand nor any person involved in this publication accepts any liability for any loss or damage whatsoever may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in this publication.


No Very

Captcha Image