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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 falls sharply following CPI data

Benign inflation result means RBNZ in no hurry to hike rates; positive US data boosts USD; equity markets higher overnight

NZD pummeled over last 24 hours

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

90 seconds at 9 am: WMP prices rise

US jobs picture brightens; factories stronger except in France; UST 10yr 2.28%; gold lower; WMP prices up; NZ$1 = US$0.782, TWI = 76.2

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

OCR seen on hold until Sept 2015

Updated
CPI up just 0.3% in Sept qtr and 1.0% for the year; well below economists' forecasts; NZ$ drops half a cent to 78.7 USc; OCR seen firmly on hold until September 2015

Stressful time for European banks

Euro falls after news up to 11 banks from 6 countries failed comprehensive ECB stress tests; BoE split over rate hikes, Oil price on slippery downward slope again

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

90 seconds at 9 am: Australia squeezed

Canada attacked; SEC rule not tough enough; price rises modest; Australia in tough position in FTA talks; UST 10yr yields rise, oil and gold fall; NZ$1 = US$0.794, TWI = 77.2

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

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