Friday 21st September 2018

The US dollar is down this morning even though equities are at record highs. Phil Dobbie asks Gavin Friend why the dollar is sliding when the economy appears strong and the tariff-led risk sentiment has subsided? Similarly, why are Sterling and the Euro up so much when the Salzburg Brexit talks went nowhere. Plus, does the higher than expected GDP read show that the New Zealand economy is doing better than we thought – time to put aside any talk of a rate cut?