Devon Funds Head of Retail Greg Smith talks to ZB’s Mike Hosking about the latest building consents numbers in NZ which were very weak and in stark contrast to those across the Tasman. He also looks at what strong Aussie retail sales data means for the proximity of RBA rate cuts and runs through a swathe of PMI prints, including a very encouraging read on the manufacturing sector in China.

For more market insights and our terms and conditions, visit www.devonfunds.co.nz