US employers face COVID legal claims; HSBC weighs desperate deal; coal prices rise in China; China’s growth spurs upmarket car sales; UST 10y at 0.66%; oil stable and gold firm; NZ$1 = 65.5 USc; TWI-5 = 69.1

US employers face COVID legal claims; HSBC weighs desperate deal; coal prices rise in China; China’s growth spurs upmarket car sales; UST 10y at 0.66%; oil stable and gold firm; NZ$1 = 65.5 USc; TWI-5 = 69.1 29th Sep 20, 7:19am by David Chaston Here’s our summary of key economic events overnight that affect New Zealand, with news investors have turned positive in global equity markets. The latest American regional factory survey is out and it is for Texas. It is a positive report , showing a fourth straight month of gains. However that string of gains is still -30%…