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What happened today

A review of things you need to know before you go home on Wednesday; Westpac raises credit card rates, mortgage market jumps, Graeme Hart's junk, real national savings, swap rates flatten

90 seconds at 9 am: Oil and iron ore prices slump

US growth revised higher; OECD worried about Japan and eurozone; iron ore price slumps; Aussie banks splurge on cheap money; oil price falls; NZ$1 = 78.0 USc, TWI = 77.9

What happened Tuesday

A review of things you need to know before you go home on Tuesday; lots of interest rate action, a big retail Xmas, a coming recession, doubling rural exports, lower swap rates

Bernard's Top 10

How Europe is turning Japanese; Just restructure the euro-debt; World Bank's dire climate change warning; The Chinese general's tonne of cash; Dilbert

90 seconds at 9 am: 'A deficit of trust'

Business confidence down everywhere except China (and NZ); Murray says banks have reputation problem; Russia bleeds; NZ$1 = 78.5 USc, TWI = 78.3

What happened Monday

A review of things you need to know before you go home on Monday; BNZ reduces savings interest, Kiwibank pulls back on high LVR lending, migrants keep coming, record visitor levels, NZD firms

Little picks Robertson for Finance

Updated
New Labour Leader Andrew Little chooses Grant Robertson as Finance Spokesman; Little talks up wealth taxes on property investors and KiwiBuild, but talks down Capital Gains Tax

90 seconds at 9 am: Growing credit risks

China cuts rates; Australia faces more risk; US targets merchant banking; ECB and EU plan more stimulus; UST 10yr 2.31%; gold and oil up; NZ$1 = 78.8 USc, TWI = 78.5

What happened Friday

A review of things you need to know before you go home on Friday; more home loan rate cuts, bigger credit card debt, sharing with our new best friends, Arvida gets its money

90 seconds at 9 am: Momentum swings to US

US data strong for housing, factories and employment; eurozone and China factory data weak; China to cap coal use; UST 10yr 2.31%; NZ$1 = 78.5 USc, TWI = 78.2