Welcome to the August 30 edition of Tony Alexander's Weekly Overview

 

News from offshore awaited

Internationally the week has been all about waiting to see what the Federal Reserve Board Chairman will say this Friday night in the United States, then after that the outcome of numerous meetings in Europe during September. So FX rates have barely changed in the past week and interest rates have stayed well within their recent ranges.

In the China section I note weak data on manufacturing, give a link to a column I wrote regarding the American Pivot toward Asia, and make some points regarding trademarks in China. More on that topic will appear in the September Growing With China issue due out on the 20th.

This week in the lead article I discuss how there are some reasonable supporting factors for our economy, then note the week’s export and dwelling consents data.

Best regards
Tony Alexander
Chief Economist
www.tonyalexander.co.nz

BNZAugust30 BNZAugust30 (87 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 

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