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What happened Thursday

A review of things you need to know before you go home on Thursday; commodity stress, sharp fall in swap rates, NZD actually rises, Aussies building more houses

Labour plans fast leadership vote

Labour plans leadership vote through late October, early November; result on Nov 18; full review due after vote; meanwhile, caucus eats itself via Twitter

Corporates get extension benefits

Gloomy markets drive down yields worldwide; expect local yields to fall further

90 seconds at 9 am: Sharp dip in dairy prices

US employment grows but construction falls; German bonds yield less than 1%; GDT dairy prices fall sharply; UST 10y 2.43%; NZ$1 = US$0.779, TWI = 76.2

What happened Wednesday

A review of things you need to know before you go home on Wednesday; Big RBNZ profit drop; UDC cuts td rates, ANZ raises personal loan rates, ASB ups cash advances rate, rents higher

The 2-10s curve at its lowest since November 2008

Rate curve near its flattest, corporates get option to extend durations

90 seconds at 9 am: Tax deals 'illegal state aid'

US consumer confidence falls sharply; oil and gold retreat; China factories expand; EU threatens Ireland over tax deals; iron ore price tanks; NZ$1 = US$0.779, TWI = 76.1

What happened Tuesday

A review of things you need to know before you go home on Tuesday; FEI reduces td rates, building consents underwhelm as does business confidence, bank deposits up strongly,  NZD stops falling

Parker interim Labour leader as brawl erupts

Cunliffe accuses 'beltway babes' of plotting 'backroom deals'; Robertson says Cunliffe 'watching too much West Wing'; Parker has no confidence in Cunliffe; says his position 'untenable

English welcomes NZ$ fall

Finance Minister welcomes NZ$ fall as reducing headwind for exporters; says RBNZ will be happy to see it continuing to fall; sees not much inflation for consumers; likes Key's 'Goldilocks' forecast

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