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90 seconds at 9 am: Aussie factories wither as house prices soar

Factory expansion sinks in Europe and China, does better in Greece, Spain; Aussie housing boom near record while factories wither; CBA to float NZ office properties; NZ$1 = US$0.838, TWI = 79.2

All variables point to NZD depreciation continuing

Roger J Kerr sees the NZD at 78 USc in a few weeks as the lower dairy prices bite and the US dollar strengthens - and lower still if there is political uncertainty

Euro the big loser

NZ business confidence below expectations hurts NZD; Euro under pressure from falling price growth

90 seconds at 9 am: Beijing ends open Hong Kong elections

US consumer spending falls in July; sentiment rises in August; ECB and EU leaders disagree on fiscal policy; China clamps down on Hong Kong; NZ$1 = US$0.83.6, TWI = 78.9

Risk rises, USD strengthens

Gold and oil higher as Russian troops cross Ukraine border, stocks fall. Good US data pushed to background

90 seconds at 9 am: Russian tanks spook markets

US growth better than expected; more houses sell; fewer jobless claims; EU confidence sinks; German jobless rise; dairy prices fall; yields drop as risk rises; NZ$1 = US$0.83.7, TWI = 79.0

US traders add more risk

The unexpected Fonterra payout confirmation helped the NZD to strengthen

90 seconds at 9 am: Bond yields keep falling

US deficit shrinks again; IMF's Lagarde in 'graft' charge; Fonterra's move gets attention; bond yields fall further; Russia invades; NZ$1 = US$0.83.7, TWI = 79.0

Risk on mood among traders

Bullish signs coming out of US with data exceeding expectations; NZD trades lower on disappointing trade balance

90 seconds at 9 am: US engine accelerates

Strong US durable goods orders, factories humming; US confidence rising; iron ore prices slump; AU confidence holds; UST 10y 2.39%; NZ$1 = US$0.83.3, TWI = 78.7