Greeks reject austerity; Europeans worry the ECB stimulus is not enough; US housing and growth picks up; China stocks up on oil; NZ$1 = 77.4 USc, TWI = 77.9

A review of things you need to know before you go home on Friday; down, down, down; five year mortgage rates fall below 6%, Govt deficit smaller, Govt bond yields below cash, NZD lower

NZDUSD down to June 2012 levels following ECB's bond buying program announcement; equity markets stronger across the board; gold price back over $1,300

ECB bond buying program announced; China adds liquidity; UST 10yr yields rise again; NZ swaps fall; oil down again, gold up; NZ$1 = 75.4 USc, TWI = 78.1

A review of things you need to know before you go home on Thursday; factories happy, rents rising, consumers very happy, farms sell well, swap rates fall sharply, Kiwi dollar flat-lines

Market caught by Bank of Canada rate cut announcement, NZD sharply lower; ECB QE program anticipated to be EUR50 bln per month

Massive ECB speculation; Chinese banks under pressure; US housing starts surge; Canada cuts rates; UST yields firmer; NZD slides; NZ$1 = 75.7 USc, TWI = 78

A review of things you need to know before you go home on Wednesday; even more mortgage cuts, plus some TD reductions too, good deflation, a $10 bln boost, a lower NZD

Latest Fonterra auction sees dairy prices up 1% on average; NZD one of the worst performers overnight; IMF cuts global growth forecasts but upgrades US outlook

Dairy prices rise again, but payout likely to fall; China property market gains, growth better than expected; IMF downbeat; UST 10yr yields fall; NZ$1 = 76.9 USc, TWI = 79.2