Morning Call: One Covid case = NZ lockdown & rate hike bets reversed. Risk off dominates in Asia
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The kiwi taking an absolute battering as rate hike bets were unwound, NZD lost 1.5% in the session, and all because of a single Covid case...
NZ's Zero-Covid policy led to the announcement of a nationwide lockdown for 3 days, and 7 days in Auckland...
Also, Evergrande's CEO has 'stepped down', and China
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