- Sharemarkets around the rallied in early June, but softened in the closing weeks of the month.
- Financial markets remained optimistic, and focused on signs of recovery in June.
- NZD posted gains on most currencies during June, lifting 2.5% on a trade-weighted basis.
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Report Prepared by:
Chris Tennent-Brown
CBA NZ Economist
Phone: +64 9 374 8819
Fax: +64 9 302 0992