Updated

Updated · Bloomberg · Jul 13

New Zealand Business Confidence Rebounds to 12% in Q2 as US-Iran Deal Cuts Fuel Prices

Updated

Updated · Bloomberg · Jul 13

New Zealand Business Confidence Rebounds to 12% in Q2 as US-Iran Deal Cuts Fuel Prices

1 articles · Updated · Bloomberg · Jul 13

A net 12% of New Zealand firms now expect the economy to improve over the next 12 months, up from 1% in the first quarter, the NZIER said.
The rebound followed a tentative US-Iran peace deal that eased the Iran war and pushed down fuel prices, improving the business outlook.
The quarterly survey points to firmer sentiment in the second quarter after earlier geopolitical tensions had weighed on costs and confidence.

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The US-Iran truce boosted markets, but with the ceasefire already broken once, is the global economy celebrating too soon?

After 60 days of free passage, could Iran's control of the Strait of Hormuz trigger the next global energy crisis?

With a peace deal signed but conflict reignited, what are the true terms of the US-Iran understanding?

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