Pavan Sharma

Global markets were a touch higher overnight, as the US markets (S&P 500 index +0.2%) continue to digest earnings season ahead of the US Federal Reserve interest rate decision which is due Thursday morning.

The NZ market lost -1.3% as its underperformance versus global peers continues, sentiment hit by the RBNZ hiking interest rates as we remain one of the most locked down & restricted countries in OECD. 

Global markets were lower overnight, as the US market (S&P 500 index -0.5%) slipped from fresh highs as the current rally took a breather.

Global markets were higher overnight, as the US market (S&P 500 index +1.0%) closed at a fresh record highs.