New Zealand has attracted significant bond flows in recent months as the island nation's status as a safe-haven, or relatively-safe-haven, has been galvanized by Euro worries. But where is New Zealand's economy headed? And does the country deserve this 'relatively-safe-haven' status? And of course, what does this mean for New Zealand's share market - which for most people will be expressed as the ENZL exchange traded fund?
Full Story: http://seekingalpha.com/article/679401-new-zealand-safe-haven-or-value-trap
Payrolls soft, rising labour costs
8 hours ago