MARKET OPEN: New covid-19 outbreak still a worry

Thu, 13 Aug 2020

Investors will be cheered by a better night on Wall Street but local developments remain at the fore as the country grapples with a new community outbreak of covid-19. New Zealand has four positive cases and four probable cases outside of a managed isolation or quarantine facility. Auckland is under level 3 restrictions while the rest of the country is under level two as the government tries to get a handle on how big the new outbreak is. The restrictions are slated to be lifted at midnight Friday, unless they are extended. Early on T...

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