The local market is expected to open higher this morning after tech stocks boosted Wall Street overnight. This is your Wednesday morning wrap.
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Getty ImagesUncertainty in the aftermath of Russia’s invasion of Ukraine has wreaked havoc with the international commodity markets. In the normal pattern of the global economy, commodity exporting countries like New Zealand benefit from a rise in commodity prices and the subsequent strengthening of their currencies. But these are not normal times. In 2022, commodity prices have risen but the New Zealand dollar has failed to strengthen. So what is different and what should consumers expect? The