Dow Jones - Intel - FedEx - Bank of Japan

Devon Funds Head of Retail Greg Smith talks to ZB’s Mike Hosking about the Dow hitting a new record high, and why chipmaker Intel was in demand. He also discusses the implications of a sharp fall in FedEx after the economic bellwether downgraded its revenue outlook. In central bank land he looks at the tricky balancing act for the Bank of Japan which has kept rates at the highest level since 2008. For more market insights and our terms and conditions, visit www.devonfunds.co.nz