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What happened today

A review of things you need to know before you go home on Friday; BNZ special, record deficit, unhappy staff at ANZ, Heartland loses a top official, high LVR lending jumps, swap rates rise and steepen

NZD pummeled over last 24 hours

NZDUSD down 1.4% following Q3 CPI release; OCR expectations reduce; Global PMI readings above expectations

Rates now close to cycle trough

Market sentiment rises as Eurozone manufacturing expanding again. Yields rise worldwide and NZ expected to follow

What happened Thursday

A review of things you need to know before you go home on Thursday; FMA warning, massive housing value surge, another housing Accord, expanding dairying, sharp falls in swap rates and the NZD

Wheeler says LVR review coming in November

Governor Graeme Wheeler says RBNZ to review LVR 'speed limits' criteria & implications next month; Says LVRs have reduced CPI pressure by equivalent of 25-50bps OCR increase

NZD/USD lower, with more risk from CPI data

Both the CAD and AUD in focus with volatile moves but no new trends, markets await NZ CPI and US PMI

Market risks misinterpreting today's CPI data

NZ swaps up, UST 10yr yields up, markets see an RBA cut by year end, eyes on NZ CPI today

What happened Wednesday

Updated
A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, seeking more migrants, fatter home loans, more rail riders, Cullen fund managers underpaid

NZ yields lower today 'but will be higher next year'

International equities push higher and bond yields rise; RBNZ seen as 'flexible' in use of policy tools

Immigration boom remains intact

Immigration net annualised gain of 56,000 exceeds previous highs in 2002/03; EUR weaker as ECB commences asset purchase program; AUD surges on Chinese data