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What happened today

Updated
A review of things you need to know before you go home on Friday; Housing consents disappoint but other construction booming, Co-op Bank knocked back, flush bank accounts, higher consumer debt

Gold price plunges, equities benefit

RBNZ sparks another NZD sell off with "unjustifiable and unsustainable" comments; gold and oil sold off; Equities up on better than expected US GDP reading

90 seconds at 9 am: US grows strongly

US grows strongly in Q3; lowest jobless claims in 14 yrs; oil output surges to 30 yr high; banks back in firing line; Brazil raises rates, gold sinks; NZ$1 = US$0.785, TWI = 76.5

What happened Thursday

A review of things you need to know before you go home on Thursday; mortgage approvals rise, IAG gets dominance to pay, more RBNZ currency intervention, swap rates steepen, full replacement cover returns

NZD opens sharply lower

US Fed eyes gathering steam in the US economy. Stocks and gold lower, oil prices higher

90 seconds at 9 am: US Fed ends QE

US Fed ends money printing, still holding US$3.6 tln; China to support six industries; stocks and gold fall; oil and UST 10yr yields rise; NZ$1 = US$0.786, TWI = 76.5

What happened Wednesday

A review of things you need to know before you go home on Wednesday; companies confident, more real estate agents, more water policy, Tesla's for the Govt?, Co-op Bank cuts rates

Volatile US data jerks the NZD

USD falls on weaker-than-expected durable goods orders, then rises on better-than-expected US consumer confidence

90 seconds at 9 am: Apple Pay a hit

US consumer confidence jumps; factory orders dip; homeownership rate falls again; Apply Pay zooms; Japan retail surges; UST 10yr yield 2.28%; NZ$1 = US$0.79.3, TWI = 76.9

What happened Tuesday

A review of things you need to know before you go home on Tuesday; more mortgage rate reductions, NZME float salesmen chosen, more research funding, paying for results