Marlin Global Limited has provided its May 2023 monthly update.
Update includes: - commentary from Marlin Portfolio Manager - performance to 30 April 2023
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Economy
Kiwi dollar faring better amid Trump’s trade war uncertainty
Bank economists are starting to rejig their NZD forecasts higher.
Markets
Low expectation for first carbon auction of the year
Carbon prices are too low compared to the auction floor.
Markets
Market Close
Spark's slide helps drive NZ sharemarket down
The S&P/NZX 50 Index closed at 12,166.14, down 100.11 points or 0.82%.
