Chief Economist Dominick Stephens presents economic insights in this bite-sized weekly video. This week: Global financial markets have calmed considerably, but NZ business confidence fell.

The Weekly Overview is written by Tony Alexander. The views expressed are my own and do not purport to represent the views of the BNZ. The Kiwi dollar has risen this past week as world markets pull back from a dire scenario. Big global worries remain, but domestically there are more signs of life.

Chief Economist Dominick Stephens presents economic insights in this bite-sized weekly video. This week: More strong data in New Zealand, while on international markets the gold bubble bursts.

The Weekly Overview is written by Tony Alexander. The views expressed are my own and do not purport to represent the views of the BNZ. Consumer spending is growing, and for what will undoubtedly be only a temporary period, global financial markets have settled down.