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What happened Friday

A review of things you need to know before you go home on Friday; Resimac changes home loan rates, education industry grows, Croxley slims, Tower gets RBNZ tick, Westpac says fix

90 seconds at 9 am: Gold tumbles

BofA pays another huge fine; US factory and jobs data positive; EU and China PMIs disappoint; gold down sharply, S&P500 up at record; NZ$1 = US$0.84, TWI = 79.2

What happened Thursday

A review of things you need to know before you go home on Thursday; job ads cool, Labour focuses on Dunedin, Aust the backdoor into NZ, consumer confidence down, credit card use slows, swap rates firm

90 seconds at 9 am: Bitcoin and 3-D printing

US Fed and BofE members struggle with timing of rate rises; China carbon price mistakes; Aussie bitcoin ruling; 3-D printing; NZ$1 = US$0.838, TWI = 79.0

What happened Wednesday

A review of things you need to know before you go home on Wednesday; HCNZ moves home loan rates 1 bp, home loan approvals slow, payout forecasts cut, poll surprise, US dollar surges

90 seconds at 9 am: Dairy prices hold

GDT prices suffer only a tiny fall; US CPI 2%; US house building expands; UST 10yr 2.40%; oil and gold fall; large grain surpluses forecast; NZ$1 = US$0.843, TWI = 79.2

What happened today

A review of things you need to know before you go home on Tuesday; the best public service, Ralph replaces Ralph, IAG getting its reward, inflation under control, surplus safe, NZD falls

Less budget headroom for tax cuts

Updated
Treasury sees lower budget surplus in 2014/15 due to slower economy; delays restart of NZ Super Fund contributions by a year to 2020/21; no tax cut plan before election

90 seconds at 9 am: Food commodity volatility

US housing confidence up; huge corn crop; China housing confidence down; EU adds food subsidies; PwC fined; UST 10yr yield 2.38%; NZ$1 = US$0.848, TWI = 79.5

What happened Monday

A review of things you need to know before you go home on Monday; HSBC ends mortgage specials, service sector expands faster, farm and lifestyle block sales, no inflation yet, swap rates fall