Macroeconomic week in review
Tune in to hear reporter Jason Walls provide a wrap up of the week's macroeconomic news and events.
Tune in to hear reporter Jason Walls provide a wrap up of the week's macroeconomic news and events.
Chinese GDP figures: First quarter GDP numbers from China provided few surprises.
“Any time China releases any kind of economic data it’s always going to be big news.”
“This 7% was in line with market predictions, as well as predictions out of the Bank of China as well.”
How the figures will affect New Zealand: When there is a splash in the world’s second largest economy, New Zealand will always feel the ripples.
“New Zealand has a very commodity driven economy, so the Chinese looking to focus more on this area is good news for New Zealand.”
Australian unemployment numbers: Signs of optimism are starting to show.
“The unemployment levels were a little lower than expected by some economists and watchers.”
The Greeks… again!: More bad news from Europe’s black sheep.
“Greece’s credit rating has been downgraded to a CCC+; so to put that into perspective, New Zealand is an AA, which is considered to be prime.”