Global markets plunge

Thu, 29 Oct 2020

A nosedive in global risk appetite on covid-19 concerns and US election jitters will once again weigh on the domestic market although the weaker kiwi dollar may give Fisher & Paykel Healthcare another bounce. “The market focus overnight has been on the spread of covid-19 across Europe and the US, as new case numbers surge to record highs in many cases and hospitalisation and death rates increase,” said BNZ senior strategist Jason Wong. “This is leading to fresh restrictions being imposed in a number of countries...

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