WAKE UP NZ: Tentative optimism from Ardern may cheer local investors

Mon, 06 Apr 2020

Domestic investors may be cheered up by tentative optimism from the government on stabilising levels of the covid-19 outbreak in New Zealand, although dismal US jobs data may curb any appetite for risk-sensitive assets. Prime Minister Jacinda Ardern yesterday said “we made a good start and the decisions that we’ve made to date have made a difference.” She emphasised, however, “we need to get to half-time and perhaps a bit beyond that to see the full gains of the lockdown.” New Zealand currently has 1,039 confirmed and probable cases of...

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