Brexit still got you on edge?

BNZ Private Bank Analyst Chris Stephens, takes a closer look at the impact of Brexit on global financial markets and some of the other key issues that could affect investment returns going forward.

In the week that followed the UK’s referendum vote to exit the European Union (EU), global financial markets fell heavily, but quickly recouped their lost ground. In fact, during the three months since the vote, investors have been quick to shift their focus away from Brexit to other issues that may impact investment returns.

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The Brexit effect

BNZ’s Director of Institutional Research, Gary Baker reflects on Kiwis online retail spending post Brexit.

Post Brexit increase in online spending
Last month’s Brexit vote may be a distant memory for many, but it clearly made an impact on many New Zealanders online spending decisions. Online spending by Kiwis on UK websites surged in the week immediately following the vote – up 47% compared to the same week in 2015. Continue reading…