New Zealand’s Director-General of Health Dr Ashley Bloomfield is providing an update on Covid-19 ahead of this afternoon’s alert level decision.
Watch live here:
New Zealand has seen seven new cases over the weekend in the community and two new cases in managed isolation.
The government is keeping a track on the number of cases, and whether or not they are linked to the cluster, to determine the appropriate alert levels.
The prime minister is expected to make a decision on that at 3pm.
Market implications
The Reserve bank of New Zealand has been proving its preference to negative rates which will cause headwinds for the kiwi, the worst-performing currency in the dollar bloc and G10-FX.
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Bears and bulls waiting patiently for a break and retest of structure one way or the other.
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